Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 20 April 2023 By Geojit Financial
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BULLION
Gold
If prices extend fall below 59600, weakness may continue in the counter. Rebound may sustain only above 60500.
Silver
If prices extend fall below 59600, weakness may continue in the counter. Rebound may sustain only above 60500.
ENERGY
Crude Oil
Natural Gas
Prices may strengthen further above 195 region. Weakness expected below 174 region.
BASE METALS
Copper
Extended dip below 765.20 may weaken prices further. Holding the same support may induce mild rebounds.
Nickel
Thin volume trades seen.
Zinc
Mild weakness may be witnessed in the intraday. However, a voluminous rebound above 248.40 may strengthen the prices.
BASE METALS
Lead
Rebound may sustain above 184.40. Weakness expected below 181.30.
Aluminium
Extended gains above 214.50 may strengthened the prices further. Dip below 211.40 may induce intraday weakness.
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