Bullions looks weak and metals are near support zone...

DAILY MCX BULLETIN 28 APRIL 2022 Bullions still trading in a red zone… Gold- Gold formed bearish pattern on the daily charts. Now Gold has near support around 50750 and upside resistance around 51500. Break and sustain above 51500 will test 51700-51800 levels. A sharp downside move will expect on break below 50750 levels till 50500-50300 levels. Silver - Silver has given a daily close below crucial support in the last trading session. Now Silver has near support around 64400 and upside resistance around 65500 levels. An hourly close above 65500 will see an upside move till 65800-66000 levels. Major fall will expect on close below 64400 levels till 63800-63500 levels. Metals are trading near crucial supports… Zinc- Zinc closed in a range in the last trading session. Now Zinc has near support around 353 and upside resistance around 362. Either side breakout will decide further move in upcoming sessions. Copper - Copper has given a green doji candle in the last trading session. Now Copper has next support around 785 and upside resistance around 798 levels. An hourly below 785 will test 780-778 levels in upcoming sessions. Fresh upside move will expect on break above 798 levels till 805+ levels. Aluminium - Aluminium stucked in a in the last trading session. Now Aluminium has near support around 254 and near resistance around 260 levels. Break and sustain above 260 will test 263-265 levels in upcoming sessions. Energy Segment looks mixed on the charts... Natural Gas- Natural Gas looks bullish and closed on higher note in the last trading session. Now Natural Gas has near support around 560 and upside resistance around 575. Buy on dips around support will be a good opportunity for the traders. Crude Oil - Crude looks good and closed near good support levels in the last trading session. Now Crude Oil has near support around 7700 and near resistance around 7950 levels. An hourly close above 7950 will take it towards 8020-8080 levels in upcoming sessions. Daily Top Pick Buy Aluminium above 260. SL-256. Target-263-265.