Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 26 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 76100 may improve the momentum. Else, range bound trades may be seen. Weakness is expected only below 75100 region.
ENERGY
Crude Oil
Weakness may extend if prices dip below the 6280. Rebound possible with steady gains above 6400 region.
Natural Gas
Prices may strengthen further above 202 region. Weakness expected below 192 region.
BASE METALS
Copper
Extended dip below 738 may weaken prices further. Holding the same support may induce mild rebounds.
Nickel
Thin volume trades seen.
Zinc
Weakness may continue in the intraday. However, a voluminous rebound above 238.70 may strengthen the prices.
Lead
Mild weakness may persist in the counter. Extended dip below 181.60 may weaken the prices. Rebound expected only with steady gains above 183.20.
Aluminium
Extended dip below 205.50 may weaken the prices. While, holding the same may induce mild rebounds as well.
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