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Gold

Extended fall below 61900 region may induce weakness. A voluminous rebound above 62460 may offer further upside.

Silver

Extended gains above 71600 region may strengthen the prices further. Whereas, a dip below 70800 level can induce mild weakness.

ENERGY

Crude Oil

Prices may appear firmer above 6390 region. Whereas, holding the same resistance may induce mild correction.

Natural Gas

MACD Bearish divergence suggest weakness may continue further. Any recovery moves could strengthen only above 160 region.

BASE METALS

Copper

MACD bearish divergence suggest prevalence of weakness. However, rebound may strengthen only above 710 region

Nickel

Lack of volume in the counter.

Zinc

Rebound may strengthen above 209.10 region. Unable to break above same region can induce mild consolidation.

Lead

Rebound may strengthen above 177.50 region. Else, mild consolidation may be seen.

Aluminium

Range bound moves expected. Weakness may extend below 199, whereas a rebound above 201.80 may strengthen the prices as well.

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