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Gold LBMA Spot

Expect mild weakness to continue initially, but major downside reversal is seen only below $1990.

Silver LBMA Spot A

As prices cleared the support of $22.50 would see further liquidation pressure.

Crude Oil NYMEX

Consistent trades above $75 would target more upside. Meanwhile, a direct dip below $70 is a weak sign.

Gold KG Apr:

Prices needs to clear Rs 62000 to trigger fresh rallies. Else, weakness would continue the day.

Silver KG Feb:

While below Rs 71000 intraday momentum mostly on the weaker side. Major upside reversal point is placed at Rs 73000.

Crude Oil Feb:

Break above Rs 6300 would trigger further rallies. Else, choppy trades are on the cards. Anyhow major downside reversal point is placed at Rs 5850.

Natural Gas Jan:

Weak bias to continue while prices stay below Rs 215. Immediate upside reversal point is seen at Rs 225.

Copper Feb:

Consistent trades above Rs 726 would extend further rallies. Else, corrective selling pressure expected the day.

Nickel Feb:

Expect choppy with thin volume trading in the near future.

Zinc Feb:

Break below Rs 218 would liquidate prices further. Else, recovery rallies are on the cards.

Lead Feb:

A direct drop below Rs 182 expect further weakness. If unable to so may see recovery upticks.

Aluminium Feb:

Outlook remains on the weaker and stiff support is placed at Rs 194. Immediate upside hurdle is seen at Rs 202.

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