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Gold LBMA Spot

Liquidation pressure likely to continue while prices stay below $1880. Immediate upside turnaround point is placed at $1920.

Silver LBMA Spot

While prices stay below $22 bearish outlook remain intact. Break above $23.50 could negate the trend.

Crude Oil NYMEX

Corrective selloffs would extend as prices cleared below the support $92. Anyhow immediate support I placed at $88.

Gold KG Dec 

Selling pressure to extend while prices stay below Rs 58000. A close above Rs 60200 is required to negate the bearish outlook.

Silver KG Dec 

Weak bias to continue as long as prices stay below Rs 69500. Immediate upside turnaround is placed at Rs 72500.

Crude Oil Oct  

Weakness may extend while prices stay below Rs 7500. Upside turnaround point is seen at Rs 7700.

Natural Gas Oct 

Inability to cross above Rs 245 expect weak momentum for the day. Else, choppy trading is on the cards.

Copper Oct

Intraday outlook seems bearish initially but if it clears the support of Rs 710 would see major liquidation pressure.

Nickel Oct 

Expect choppy with thin volume trading in the near future.

Zinc Oct

Inability to move past Rs 225 there are more potential downside. Unexpected rise above the same would see recovery upticks.

Lead Oct

Corrective selloffs would see if prices are unable to move past Rs 188.

Aluminium Oct

Selling pressure may take prices to Rs 200 initially, which if cleared, bearish outlook would extend in the near term. A close above Rs 205 could negate the view.

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