Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 13 July 2023 By Geojit Financial
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BULLION
Gold
MACD bullish divergence suggest mild positivity. However,unexpected dip below 58700 may induce weakness in the counter for the day.
Silver
Mild positivity is expected in the day. Wheres,a dip below 70700 may weaken the prices as well.
Energy
Crude Oil
MACD bullish divergence suggest that the positivity prevail in the counter. Wheareas, a dip below 6140 may induce weakness for the day.
Natural Gas
Extended dip below 215 region may induce further weakness. Else, prices may rebound if the same support level is held.
Base Metals
Copper
MIld positivity expected to witness in the day. Weakness may be seen below 726.
Nickel
Thin volume trades seen.
Zinc
Intraday trades expected to towards higher. However,a dip below 216.20 on the stradline support region may weaken the prices.
Lead
Range bound trades may be seen Rebound above 183.30 may strengthen the prices. Weakness expected below 180.50
Aluminium
Mild positivity may witness in today's trade as well. Gains above 201.20 would strengthen the prices further. Weakness expected below 198 region.
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