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Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 1 April 2024 - Geojit Financial Services Ltd
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Gold
Mild positivity still expected. Whereas, dip below 67440 region may induce mild weakness.
Silver
Prices may strengthen further if trades extend above 75980 region. Whereas a dip below 75200 region may induce weakness.
Crude Oil
Prices may appear firmer with sturdy move above 6960 region. Whereas, a voluminous dip below 6820 may be an early sign of weakness.
Natural Gas
Range bound moves with mild negative bias expected. Whereas, sturdy moves above 154 may boost upward momentum.
Copper
Extended gains above 769 region may strengthen the prices, while corrective dip below 760 region may extend weakness as well.
Nickel
Lack of volume in the counter.
Zinc
Range bound moves expected in the current session. Gains above 219.30 region may strengthen prices, while holding the same level can induce correction.
Lead
Extended dip below 176.70 region can induce further weakness . Rebounds may strengthen above 178.70.
Aluminium
Gains would extend only with steady move above 210.10. While, holding the same resistance can induce mild weakness.
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