Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 30 June 2023 By Geojit Financial
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BULLION
Gold
Extended dip below 57700 may induce weakness in the counter. Revisiting trades above the 58600 may strengthen the prices.
Silver
Steady gains above 70900 may strengthen the prices. Whereas, a dip below 68800 may induce weakness as well.
ENERGY
Crude Oil
Extended gains above 5820 may strengthen the prices. Whereas, a dip below 5650 may induce weakness for the day.
Natural Gas
A dip below 219 region may induce weakness. Rebound may sustain only above 228.
BASE METALS
Copper
Extended dip below 702 may weaken prices further. However, if the same support is held, mild rebound maybe seen.
Nickel
Thin volume trades seen.
Zinc
Weakness may extend below 211.80 region. Rebound above 214.50 may strengthen the prices for the day.
Lead
Range bound trades may be seen. Rebound above 183.30 may strengthen the prices.
Aluminium
Extended fall below 194 may induce further weakness in the counter. Mild rebounds possible if the same support level is held.
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