Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 06 June 2023 By Geojit Financial
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Gold
A rebound above 60300 may strengthen prices. Else, corrective dips may be seen if the same resistance is held.
Silver
Recovery moves expected if prices rebound above 72300. Weakness may be seen if prices dip below 71500.
Crude Oil
Voluminous trades above 5940 may induce positivity in the counter. Dip below 5780 may induce further weakness in the counter.
Natural Gas
Mild positivity expected if the prices rebound above 189 region. Weakness expected if prices dip below 180.
Copper
Mild positivity may prevail as long as trades sustain above 713. Dip below the same may induce weakness.
Nickel
Thin volume trades seen.
Zinc
Rebounds above 211.70 may strengthen the prices. Dip below 207.60 may induce weakness as well.
Lead
Rebound above 183.70 may strengthen the prices. Else, range bound moves may be seen.
Aluminium
Weakness may prevail if trades sustained below 206.50. Mild rebounds may be seen if prices rebound above the same.
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