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BULLION

GOLD

As long as prices remain below the upside hurdle of 47720 region, further weakness could be expected in the upcoming session. A direct rise above the same may push prices higher.

SILVER

Broad feebleness of prices likely to stretch lower in the session to come if prices stay below 64700 region. However, promising trades above the same may induce fresh buying in the upcoming session.

ENERGY

CRUDEOIL

Prices likely to consolidate within the trading range of 5800-5920 region. A firm move which breaks either side of the mentioned region could lend fresh direction for the day.

NATURAL GAS

Intraday weakness may trigger only by a corrective fall below 372 region. Botched attempt to do so may boost prices to previous session high or even more.

BASE METALS

COPPER

Witnessing buying sentiments likely to continue in the upcoming session towards the upside objective of 754.50 or even more. Although a corrective fall below the downside support of 746 may be a sign of intraday weakness.

NICKEL

Further buying may be seen only by tangible trades above 1605 region. Which if remain untouched could expect prices to turn lower in the later session.

ZINC

Prices should clear above the upside hurdle of 280 region for major price recovery move. Failed to mark such trades may be a sign of fresh selling in the upcoming session.

LEAD

Intraday move is expected to be north-bound if prices stay above 186.30 region. However, a corrective fall which slipped below the same may push prices lower .

ALUMINIUM

Prices possibly to extend ongoing recovery move in the later session if prices stay above 216.80 region. But a direct fall below the same may push prices lowe

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