Highlights of this week from the world of Commodity Trading:

- Precious metals are likely to trade in a range as traders might wait for the FED meeting on 14th - 15th December, 2021.

- A bounce back is expected to continue in NYMEX Crude oil from lower levels. - On the technical front, $72/bbl - $74/bbl will act as an important level to watch out for, whereas $62/bbl will act as a key support level for WTI Crude.

- Natural gas also expected to bounce back where key support exists near 252 DMA of 271 levels. - Base metals trade on a broad range, whereas Nickel recovered during the week

- The focus during the week will be on the Omicron virus concerns and FED's meeting on 14th - 15th December.