Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 11 April 2023 By Geojit Financial
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BULLION
Gold
Prices may further gain strength above 60400 region. Else, range bound trades may be seen in the intraday. Weakness may seen only below 59550.
Silver
Prices may strengthen above 75000 in the intraday. Weakness expected only below 73400.
ENERGY
Crudoil
Voluminous break above 6650 may strengthen the prices. Weakness is expected below 6520.
Natura Gas
Rebound may sustain only above 174 region. Further weakness expected below 165 region.
BASE METALS
Copper
Range bound trades expected. Rebound above 775 may improve the momentum, while dip below 764 may weaken prices.
Nickel
Thin volume trades seen.
Zink
Extended dip below 247 region may induce further weakness. Whereas, recovery may sustain only above 251.10 region.
BASE METALS
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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