Base metals pack was trading sideways in today’s session. Lead managed to bounce back from the day’s low and moved higher towards the intermediate resistance level of 163. Zinc traded sideways in range between 200 and 202 levels. Nickel broke the psychological level of 700 and drifted towards 695 levels.
Energy corrected in today’s session. Crude oil broke the important support level of 3680 and prices drifted towards 3620 levels. Natural gas prices failed to sustain at day’s high near 191.50 levels and it slipped below 188 levels.
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