Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 19 June 2023 By Geojit Financial
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BULLION
Gold
Prices may appear weaker below 58600 region on the trend line. Holding the same support can induce mild rebounds.
Silver
Mild rebounds possible as long as trades sustain above 72100 region. Weakness expected only with corrective dips below the same level.
ENERGY
Crude Oil
Extended gains above 5930 may strengthen the prices further. Weakness expected only below 5800 region.
Natural Gas
Prices may appear firmer above 216 region. Weakness expected if prices dip below 210 region.
BASE METALS
Copper
Mild negativity is expected. Dip below 725 may induce further weakness, while holding the same support may induce rebounds as well.
Nickel
Thin volume trades seen.
Zinc
Intraday moves expected to be towards lower side. Rebound above 221.60 may strengthen the prices.
Lead
Range bound trades may be seen. Dip below 183 may induce weakness.
Aluminium
Extended fall below 203 may weaken the prices. A rebound above 205.10 may strengthen the prices
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