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Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 06 April 2023 By Geojit Financial
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BULLION
GOLD
Prices may further gain strength above 60900 region. Else, range bound trades may be seen in the intraday.
SILVER
Prices expected to edge higher in the intraday. Weakness expected only below 73400.
ENERGY
CRUDEOIL
Range bound trades with mild positive bias expected in the intraday. Weakness is expected below 6520.
NATURAL GAS
Rebound may sustain only above 181 region. Further weakness expected below 172 region.
BASE METALS
COPPER
As long as support at 768.4 is held downside, rebound are likely. Slippage past the same may weaken sentiments.
Nickel
Thin volume trades seen.
Zinc
Extended dip below 247 region may induce further weakness. Whereas, recovery is possible only above 251.10 region.
Lead
Slip below 180 may weaken the prices for the day. Rebound may sustain above 182.40.
Aluminium
Weakness may seen if dips extend below 204.60. Rebound expected to sustain only above 209.20.
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