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Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 14 December 2022 By Geojit Financial
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Gold
Range bound trades with mild positive bias expected in the intraday. Intraday weakness may be seen if prices slip below 53500.
Silver
Range bound trades with mild positive bias expected in the intraday. Weakness expected below 68450.
Crude Oil
MACD Bearish convergence rule out the possibility of major fall in prices. Intraday move expected to be north bound. However, corrective dip below 6050 could weaken prices.
Natural Gas
Intraday trades expected to be moderately towards lower. Rebounds above 555 may negate bearish expectations.
Copper
Range bound trades expected. Weakness may seen below 698.
Nickel
Thin volume trades seen.
Zinc
Range bound trades expected. Corrective dips below 285 may weaken the prices.
Lead
Range bound trades expected. Rebound may sustain above 186.20. Weakness expected below 183.90
Aluminium
Intraday trades expected to be range bound with mild negative bias. Prices may appear firmer above 213.80.
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