Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 24 January 2023 By Geojit Financial
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Gold
Range bound moves with mild positive bias expected. Intraday weakness expected only below 56140 region.
Silver
Range bound move with mild negative bias expected in the counter. Dip below 67600 may induce further weakness.
Crude Oil
Voluminous break above 6760 may stretch prices higher. Meanwhile, a dip below 6560 may induce intraday weakness.
Natural Gas
Extended gains above 296.20 may strengthen prices further. Corrective dips are possible below 277.50 region.
Copper
Prices may extend gain above 798. Whereas, an extended fall below 784 may induce weakness.
Nickel
Thin volume trades seen.
Zinc
Extended gains above 303 may strengthen prices. Weakness may be seen below 293.60.
Lead
Intraday weakness may continue if prices dip below 180.60. Rebounds expected to sustain only above 183.90.
Aluminium
Range bound trade expected with mild positive bias. Weakness expected below 219.60.
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