Bullions trading around resistance zone and Metals still looks shiney...

DAILY MCX BULLETIN ON 04 MARCH 2022 Bullions are trading around resistance zone... Gold - Gold is trading near resistance zone and closed on a slightly positive note in the last trading session. Now Gold has near support around 51300 and crucial resistance around 52100. Break above 52100 will test 52250-52500 levels in upcoming session. Negative move will expect on break below 51300 levels.

Silver - Silver is taking hurdle at upper levels and closed on a flat note in the last trading session. Now Silver has near support around 67700 and upside near resistance around 69000 levels. Break and sustain above 69000 will test 69500-69800 levels in upcoming sessions. Metals still looks strong on charts… Nickel- Nickel is trading in uncharted territory and closed on a bullish note in the last trading sessions. Now Nickel has near support around 2030 and upside resistance around 2120. Break above 2020 will test 2040-2060 levels in upcoming sessions. Copper - Copper is ready for another breakout on the daily chart. Now Copper has next support around 805 and upside near resistance around 820. Break and sustain above 820 will see fresh positive move till 826-830 levels in upcoming sessions. Zinc - Zinc again closed on a bullish note with major breakout. Now Zinc has next resistance around 332 and next major support around 325 levels. Buy on dips will be the best opportunity for the traders. Sustain above 332 will test 335-338 levels in upcoming sessions. Bull are in commanding in Energy Segment... Natural Gas - Natural Gas is trading around support. Now Natural Gas has near support around 350 and upside resistance around 365. Break and sustain above 365 will test 370+ levels in upcoming sessions. Crude Oil - Crude again rocks and still looks soild on the charts. Now Crude Oil has near support around 8150 and near resistance around 8550 levels. Break above 8550 will test 8640-8700 levels in upcoming sessions. Daily Top Pick Buy Gold above 52100. SL-51850. Target-52300-52450.