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BULLION

GOLD

Intraday buying may withstand only by determined trades above 48320 region. Failed to achieve such trades may eventually push prices lower in the later session.

SILVER

Consecutive days of weakness may stretch lower only by tangible trades below 62200 region. Else could expect price recovery towards 63700 or even more.

ENERGY

CRUDEOIL

Broad weakness still intact and possibly to stretch lower in the upcoming session. Although recovery trades above 5250 may call fresh recovery move for intraday.

NATURAL GAS

Present technical formation point to further weakness in the session to come. Even in this bearish note, recovery trades above 358 would be sign of mild recovery in the upcoming session.

BASE METALS

COPPER

As long as prices stay above the downside hindrance of 726 could expect prices to trades higher. However, a corrective fall which claim below the same may bid fresh selling.

NICKEL

Prices need to challenge below the downside hurdle of 1525 to initiate major selling pressure. Which if remain untouched could anticipate broad buying to continue.

ZINC

Intraday buying may set off only by decisive trades above 274.80 region and such move may push prices further higher. Else hold the same for a downside corrective move.

LEAD

Prices possibly to trade with in the trading range of 184-187.50 . A firm move which sustain any of the mentioned region may set off fresh directional move.

ALUMINIUM

Slip past below 209 region may call fresh selling in the upcoming session. Even in this dominant bearish sentiments, failed to achieve such trades may lift prices higher.

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