Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 21 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
Rebound above 75700 may improve the momentum. Else, range bound trades may be expected.
Energy
Crude Oil
Weakness may extend if prices dip below the 6220. Rebound possible only above 6480 region.
Natural Gas
Prices may strengthen further above 195 region. Weakness expected below 174 region.
Base Metal
Copper
Extended dip below 758 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 247 may strengthen the prices.
Base Metal
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 210.20 may induce intraday weakness.
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