GOLD:- Gold has either completed the correction from the 1227.5 or on the terminal stages of the same. In either case we foresee some base building formation for the next move broadly in the 1100-1050 range in sideways fashion.

SILVER:- In tandem with the gold, silver is in the terminal stages of the downward correction & may touch the range 13.5-14.500.However it is more likely to be with the waning momentum & more of the base building exercise for the next move.

CRUDE:- In line with our expectation of bouncing to 74 level it made the high of the 75.70.Even in extreme case we do not see it crossing the 77.00 on upside & we see very high probability of it testing the low of 70 made during the last fortnight.

COPPER:- In line with the expectation of the bounce back to 314 it made the high of the 314.90 & formed the BEARISH HARAMI pattern on daily chart. We it heading to retest the low of 282.0.