Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 15 December 2022 By Geojit Financial
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Gold
Range bound trades with mild negative bias expected in the intraday. Rebounds may sustain only above 54600.
Silver
Range bound trades with mild negative bias expected in the intraday. Recovery momentum may strengthen above 68670.
Crude Oil
MACD Bullish crossover suggest mild positivity in the counter. However, bullish momentum would sustain only by a break above 6420. Corrective dip below 6300 could weaken prices.
Natural Gas
Intraday trades expected to be moderately towards lower. Rebounds above 545 may negate bearish expectations.
Copper
Range bound trades expected with mild negative bias. Rebound may sustain only above 708.
Nickel
Thin volume trades seen.
Zinc
Mild negativity expected. Rebounds above 286 may negate bearish expectations for intraday.
Lead
Range bound trades expected. Rebound may sustain above 186.20. Weakness expected below 183.90
Aluminium
Intraday trades expected to be range bound. Prices may appear weaker below 210.50.
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