Bullions looks weak and metals trading support...

WEEKLY MCX BULLETIN FROM 14 MAR TO 17 MAR 2022 Bullions looks weak on the charts... Gold - Gold looks weak and closed on a dull note in the last trading session. Now Gold has near support around 52400 and crucial resistance around 53200. Break below 52400 will test 52000-51800 levels in upcoming session. Fresh positive move will expect on close above 53200 levels. Silver - Silver formed a slightly positive candle in the last trading session. Now Silver has near support around 69000 and upside near resistance around 71000 levels. Break and sustain above 71000 will test 71800-72500 levels in upcoming sessions. Major weakness will expect on close below 69000 till 68000 levels. Mostly metals are trading near support zone… Aluminium - Aluminium too trading around support levels. Now Aluminium has near support around 278 and upside resistance around 288. Either side breakout will decide furthe trend in upcoming sessions. Copper - Copper settles near support zone in the last trading session. Now Copper has next support around 800 and upside near resistance around 820. Break and sustain above 820 will see positive move till 828-835 levels in upcoming sessions. If sustain below 800 then we will expect more downside move till 790-785 levels. Zinc - Zinc has given a sideways move in the last trading session. Now Zinc has next resistance around 325 and next support around 315 levels. Break and sustain below 315 will test 310 and more downside will expect on close below 310 till 306-302 levels in upcoming sessions. Energy Segment is trading around support zone... Natural Gas - Natural Gas has given a slightly positive move in the last trading session. Now Natural Gas has near support around 355 and upside resistance around 370. Break and sustain above 370 will test 376-380 levels in upcoming sessions. Fresh weakness will come on a close below 355 levels. Crude Oil - Crude Oil corrected from higher levels and trading around support zone. Now Crude Oil has major support around 8000 and near resistance around 8500 levels. Break below 8000 will test 7850-7700 levels in upcoming sessions. Upside move will expect on close above 8500 till 8700+ levels. Weekly Top Pick Sell Crude Oil below 8000. Stop loss above 8200. Target-7840-7750. *T&C Apply...