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BULLION

GOLD

If prices remain below 51640 region could expect prices to turn lower. But sustainable trades which challenge above the same may push prices higher.

SILVER

Decisive trades which sustain above 66500 region could push prices higher in the session later. Which if remain undisturbed could expect prices to turn lower further.

ENERGY

CRUDEOIL

A direct rise above 7930 could induce fresh buying in the upcoming session. Else could anticipate intraday weakness to 7680 region.

NATURAL GAS

Intraday move largely to be south bound if prices stay below 548 region and such weakening trades may rest around 525 region. But a direct rise above 548 could lift prices further higher.

BASE METALS

COPPER

A major price recovery may be seen only above 799 region. Inability to challenge above the same may squeeze down prices lower in the later session.

NICKEL

A broad consolidation still progressing. However, a direct rise above 2600 could lift prices higher. Else could expect prices to trade lower with consolidation.

ZINC

Present buying sentiments likely to be upheld if prices remain above 358 region. A corrective fall below the same may push prices lower in the later session.

LEAD

If prices remain above the downside hindrance of 185 could expect further recovery towards 187.80 region. On the other hand, slippage below 185 may be a sign of further weakness.

ALUMINIUM

Prices likely to rebound higher in the upcoming session if prices stay above 256 region. However, a direct fall below the same may induce further weakness on counter.

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