After yesterday's sessions some sort of weakness is witnessed in all the base metals except Nickel. It could be a possible reversal but not confirmed yet. One thing is sure that sentiments are changing, more sellers are coming and buyers are exiting & booking profits. Confirmation of reversal is yet to come.
Crude also shows some sort of change in behavior. Still highly volatile & non directional so better avoid.
Gold & Silver also displayed some selling pressure on higher levels & are not able to sustain there. Yesterday huge profit booking is seen in both the counters. Some more correction can be seen in them but overall they are still good for longs.
Natural Gas is still weak but non trending & volatile.
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