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BULLION

GOLD

Intraday weakness may activate only by breaking off the downside obstacle of 50560 region. Else could expect prices to turn higher towards the upside objective of 51000 or even higher.

SILVER

Intraday weakness may trigger only by tangible trades below 61200 region. Which if remain undisturbed could boost prices higher to 62500 region.

ENERGY

CRUDEOIL

Successful trades which stabilize above 8720 would trigger fresh buying in the upcoming session. Botched attempt to close above the same may gradually push prices lower.

NATURAL GAS

Broad buying still intact and likely to continue further towards 720. But there is equal plausible chance of a corrective fall if prices slip below 685 region.

BASE METALS

COPPER

Consecutive days of weakness largely to extend towards the downside objective of 758 or even lower. Even in this bearish sentiments, decisive trades above 769 would be a sign of price recovery.

NICKEL

As long as prices remain below 2260 region could expect weakness to continue . However, a direct rise above the same may eventually lift prices higher.

ZINC

By breaking off the downside hurdle of 316.50 could extend weakness. Else there are chances for prices to turn higher to 322 region or even more.

LEAD

Current feebleness of prices may largely to stretch lower in the session ahead towards 178 region. But recovery move which claim above 182 may induce fresh buying .

ALUMINIUM

If prices remain below 244 region could expect further weakness to the counter. A direct rise which sustain above the same may push prices higher.

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