Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 14 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. Whereas, a dip below 74600 may weaken the prices as well.
ENERGY
Crude Oil
MACD bullish divergence suggest mild positivity,however further gains expected only with steady gains above 6340. Whereas,a dip below 6200 may induce weakness for the day.
Natual Gas
rebound expected only above 215 region.Else,prices may witness further dips for the day.
BASE METALS
Copper
Extended gains above 742 may strengthen the prices. Weakness may be seen below 733.
Nickel
Thin volume trades seen.
Zinc
intraday trades expected to towards higher. However,a dip below 214.80 on the strandline support region may weaken the prices.
Lead
Range bound rades 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. Weakness expected below 200 region.
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