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BULLION

GOLD

Consecutive days of selling momentum likely to stretch lower. But a rally that settle above 47660 may be a sign of fresh recovery move in the later session.

SILVER

Previous session weakness largely to continue towards the downside objective of 63100 or even lower. In this bearish sentiments reclaiming trades 64650 may boost prices for today's session.

ENERGY

CRUDEOIL

Major buying may activate only by tangible trades above 5940 region. If the above-mentioned region remain untouched could expect a downside corrective move in the later session.

NATURAL GAS

Intraday weakness may extend only by challenging trades below 366 region. Else hold the same for a price rebound in the session to come towards 385 or even higher.

BASE METALS

COPPER

Ensuing buying sentiments likely to persist in the upcoming session if prices stay above 740 region. Although a corrective fall below 740 may push prices lower.

NICKEL

Ensuing buying sentiments likely to strengthen in the upcoming session if prices remain above 1555 region. But an unexpected fall below the same may dent our buying expectation.

ZINC

Present technical structure poised for further price recovery in the upcoming session. On the flipside a corrective fall below the downside hurdle of 275.30 may grab prices lower.

LEAD

Prices likely to consolidate with in the trading range of 187-184 region. Prices yet to come out either side of the mentioned region to set the fresh directional move.

ALUMINIUM

Decisive trades above the upside obstacle of 216.30 could lift prices higher in the later session. But there is equal plausible chance of a corrective fall if prices failed to do so.

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