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Gold Mini Aug/ LBMA Spot Gold

Prices continue to be volatile with negative bias initially. However, a direct drop below $1745 would trigger another round of long liquidation for the day. An unexpected rise above $1795 may negate the view and take prices higher. MCX GoldM Jul Res: 47600 Support: 45970.

Silver Mini Aug/ LBMA Spot Silver

Intraday bias remain on the weaker side, but breaking $25.40 is required to extend liquidation pressure. Meanwhile, it required to cross above $26.40 to negate the view and take prices higher. Silver Mini Aug: Res at Rs 70800. Sup: 66200.

Copper Jul

Prices remain choppy with negative while it stays below 730. Further major liquidation is seen only a break of 692.

Nickel Jul

Recovery upticks are likely for the day if the $1348 support remain undisturbed. A direct drop below 1320 is a sign of major liquidation.

Lead Jul

Buying momentum may continue while it stays above 175. Major turnaround point is seen at 169..

Zinc Jul

Break above 238 is required to continue further rallies. Else, there are chances of choppy trading for the day.

Aluminium Jul

If 195 remain hold, expect rallies to continue in the counter. Further weakness is seen only a break of 193.

MCX Crude Oil May/NYMEX Crude July

Momentum continue to be positive as long as it stays above $72.50. Next immediate upside obstacle is seen at $74.50, break of which rallies could extend towards $77 or more. Consistent trades below $69.50 is a sign of near term weakness. MCX Jul: Res at Rs 5520 / Support: Rs 5270.

Natural Gas Jul

Outlook remain bullish as long as 262 hold the downside. A direct drop below 258 there are chances of corrective selling. 

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