Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 27 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 6070. Intraday rebound possible with steady gains above 6200 region.
Natural
Weakness may continue below 188 region. Prices would strengthen only above 202 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 235.60 may strengthen the prices
Lead
Extended dip below 181.60 may weaken the prices. Rebound expected only with steady gains above 183.20
Aluminium
Mild Weakness may continue in the counter. Holding the support of 204.70 may induce mild rebounds.
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