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BULLION

GOLD

Current feebleness of prices may extend only by decisive trades below 51770 region. Else hold the same for price to rebound higher towards 52200 region or even more.

SILVER

Consecutive days of selling momentum may scale down further. On the other hand, refurbish trades which sustain above 66900 would be a sign of fresh recovery move.

ENERGY

CRUDEOIL

Present feebleness of prices may prolong if prices remain below 7620 region. Even in this bearish sentiments, recovery trades above the same may gradually push prices higher.

NATURAL GAS

Next phase of buying may be seen only by decisive trades below 493 region. Which if remain untouched could lift prices higher towards 525 region.

BASE METALS

COPPER

Prevailing long liquidation move may stretch lower towards the downside objective of 781 or even lower to 776.On the flipside, recovery trades above 802 may be a sign of intraday buying

NICKEL

Prices need to challenge above the upside hurdle of 2600 to boost up prices higher. Inability to move past above the same eventually push prices lower.

ZINC

Present long liquidation move may extend lower towards the downside objective of 346 or even lower. Even in this intraday bearish sentiments, recovery trades above 364 may lift prices higher.

LEAD

As long as prices remain below 186.80 could expect prices to trade lower in the session ahead. But recovery trades above the same may push prices higher.

ALUMINIUM

Current bearish sentiments likely to continue towards the downside objective of 254 or even lower. Recovery trades above 263 may be a sign of price recovery.

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