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BULLION

GOLD

Determined trades above the upside hindrance of 47880 region would be sign of fresh buying in the upcoming session. Else hold the same for a downside corrective move in the later session.

Silver

Prices likely to consolidate in the trading range of 63800-65100. A firm move which breaks either side of the mentioned region could set fresh directional move.

ENERGY

CRUDEOIL

Prices have been approaching towards the upside hindrance of 6330 region. Which if gives way could lift prices higher. Inability to challenge above the same may induce fresh selling in the upcoming session.

NATURAL GAS

Reclaiming trades above the Bollinger middle band level of 418 could boost prices higher. Failed to achieve such trades may grab prices lower in the upcoming session.

BASE METALS

COPPER

Prices yet to take off above the upside obstacle of 750 for bulls to take charge. Which if remain undisturbed could anticipate further long liquidation move in the later sessio

NICKEL

Intraday move is expected to be southbound if prices stay below 1532 region. On the other hand, substantial trades above the same invite fresh recovery move in the later session.

ZINC

Intraday weakness may establish only by sturdy trades below the downside hindrance of 283.60 region. Else hold the same for a price rebound in the upcoming session

LEAD

Prices still have room for further gains if prices stay above the downside hurdle of 185.40 region. But we cannot rule out intraday weakness if prices fall below the above-mentioned region.

ALUMINIUM

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