Metals are ready for U-turn and Bullions are waiting for any trigger...

WEEKLY MCX BULLETIN FROM 21 MAR TO 25 MAR 2022 Bullions are trading around support levels... Gold - Gold looks weak and closed on a negative note in the last week. Now Gold has near support around 52200 and crucial resistance around 52800. Break below 52200 will test 52000-51800 levels in upcoming session. Fresh positive move will expect on close above 52800 levels till 53100 and more and more upside will expect above 53100 till 53250-53500 levels. Silver - Silver again closed on a negative note in the last trading session. Now Silver has major support around 67000 and upside resistance around 69000 levels. Break and sustain above 69000 will test 70500-72500 levels in upcoming sessions. Major weakness will expect on close below 67000 till 66000 levels. Metals are closed on slightly positive note… Aluminium - Aluminium has given a slightly upside move in the last trading session. Now Aluminium has near support around 268 and upside resistance around 275. Either side breakout will decide further trend in upcoming sessions. Copper - Copper bounced from lower levels and closed on a positive note in the last trading session. Now Copper has major support around 800 and upside 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. Fresh upside move will expect on close above 325 levels till 330+ levels in upcoming sessions. Crude Oil again enters in a bullish zone in Energy Segment... Natural Gas - Natural Gas has given a slightly positive move in the last week. Now Natural Gas has near support around 365 and upside resistance around 378. Break and sustain above 378 will test 385-390 levels in upcoming sessions. Fresh weakness will come on a close below 365 levels. Crude Oil - Crude Oil again skyrocket in the last trading session. Now Crude Oil has major support around 7750 and near resistance around 8050 levels. Break and sustain above 8050 will test 8180-8250 levels in upcoming sessions. Weekly Top Pick Buy Zinc above 323. Stop loss below 318. Target-327-330. *T&C Apply...