Bullions Trades on a Mixed Note and Metals Feels Pressure...

Gold

Gold signaling cautious sentiment, while retail rates reflect standard purity differentials. Resistance around 100200, break and sustain above this level will expect upside move till 100500-100800 mark. On the other side support around 99700, break below this level will see a fresh new selling till 99400-99200 mark.

Silver

Silver is stable alongside other precious metals. Resistance around 114500, break and sustain above this level will see upside move till 115000-115600 mark. Support around 113500, break below this level will test 113000 mark.

Copper

Copper indicate a short-term bearish tone influenced by softer demand and speculative positioning. Resistance around 888, break above this level will test 892-894 mark. On the Other side support around 878, break below this level will see downside move till 872 mark.

Crude Oil

Oil prices are largely steady, as eased concerns about disruptions to Russian supply . Key Support around 5440, break below this level will see further downside till 5350 mark. On the other side resistance around 5565, break and sustain this leve will expect upside move till 5620-5680 mark.

Natural Gas

Natural Gas remains bearish, pressured by record U.S. output, rising inventory levels. Support around 240, break below 240 will see more downside move till 236-234 mark. On the other side resistance around 252, break and sustain above this level will expect upside move towards 260 mark.

Top Pick

Sell Silver around 114000. Stop loss above 114600. Target-113200-112600.