Bullions: Today, Gold Futures traded with a negative bias again and opened at lowered below its previous close of 1,302.20 on 1,300.40. If prices with sustainability trade below the current level then the possibility of the bearish taking over the copper metal will be high and can push the market to the level of $1285.90.
On the contrary, the MCX Gold is expected to see an uprise.
Energy: NYMEX Crude Oil prices have traded with positive bias and reached above the height of $65.50 to $65.81. In order to break the negative sentiment in the oil, prices must reach $66. In doing so, prices must be traded above the level of $65.50. But, if the prices failed to maintain the level, things can go sideways and we can see the prices trading to the level of 63.50 and $67will be acted as a resistance level.