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04-10-2023 05:55 PM | Source: Geojit Financial Services
Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 04 October 2023 By Geojit Financial

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Gold

MACD Bearish divergence suggest prevalence of weakness. Rebound expected to sustain only with steady gains above 57700 region.

 


Silver

MACD Bearish divergence suggest that the weakness may continue. However, a rebound above 68500 region may strengthen the prices. 


Crude Oil

Voluminous trades above 7440 may strengthen prices further. Whereas, a dip below 7200 may induce weakness for the day.


Natural Gas

Prices may appear firmer with steady gains above 250 region. A dip below 239 may weaken the prices for the day.


Copper

Rebounds may sustain with voluminous trades above 712 region. Dip below 698 support may induce further weakness.


Nickel

Thin volume trades seen.


Zinc

Sturdy rebound above 225.20 may strengthen prices further. Weakness may be seen below 222.80 region.


Lead

Extended dip below 186 region may weaken the prices. Prices may strengthen above 189.40 region.


Aluminium

Extended dip below 206.50 may weaken the prices. Whereas, a sturdy rebound above 210.70 region may strengthen the prices.


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