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BULLION

Gold

MACD Bearish divergence suggest prevalence of weakness. Rebound expected to sustain only with steady gains above 57900 region.

Silver

Prices seem to have held the support of 71400 on the trend line. Rebound above 71900 region may strengthen the prices. Weakness may be seen below 71400.

ENERGY

Crude Oil

Voluminous trades above 7820 may strengthen prices further. Whereas, a dip below 7590 may induce weakness for the day.

Natural Gas

Prices may appear firmer above 252 region. A dip below 244 may weaken the prices for the day

BASE METALS

Copper

As long as trades sustain above 720 region may strengthen the prices further. Weakness expected below the same support

Nickel

Thin volume trades seen.

BASE METALS

Zinc

Sturdy gains above 233 may strengthen prices further. Weakness may be seen below 229.70 region.

Lead

Extended dip below 186 region may weaken the prices. Prices may strengthen above 189.40 region.

Aluminium

Extended gains above 211.10 may strengthen the prices. Whereas, a dip below 207.50 region may weaken the prices.

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