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Macro

• Comex Gold prices declined for a fourth consecutive session on Friday, pressured by stronger-thanexpected U.S. economic data that lifted the dollar and dampened expectations of near-term Federal Reserve rate cuts.

• Copper Futures fell below $6.4 per pound, extending losses for a second straight session as high prices reduced buying interest in China, while rising U.S. inflation added further pressure.

• WTI Crude Futures climbed above $103 per barrel and were headed for a weekly gain of more than 8%, supported by ongoing risks surrounding the Strait of Hormuz and stalled peace negotiations between the U.S. and Iran.

Gold

SELL GOLD BELOW 158800 SL ABOVE160000 TGT 157000/156000.

? Nearby Support: 1,58,800/ 1,56,000/ 1,54,000.

? Nearby Resistance: 1,61,000/ 1,63,500/ 1,65,500

? Nearby Gaps: 1,62,000.

SILVER

SELL SILVER BELOW 272000 SL ABOVE 277000 TGT 265000/260000.

? Nearby Support: 2,72,000/ 2,66,000/ 2,60,000

? Nearby Resistance: 2,83,500/ 2,89,000/ 2,94,000

? Nearby Gaps: 2,91,000.

CRUDE OIL

BUY CRUDEOOIL ABOVE 10100 SL BELOW 9900 TGT 10350/10550.

? Nearby Support: 9,800/ 9,450/ 9,150

? Nearby Resistance: 10,100/ 10,400/ 10,650

? Nearby Gap(s): 9,376

COPPER

SELL COPPER BELOW 1341 SL ABOVE 1347 TGT 1333/1327.

? Nearby Support: 1,341/ 1,335/ 1,328

? Nearby Resistance: 1,381/ 1,388/ 1,395

? Open Gap(s): 1,385.45.

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