Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 10 April 2024 - Geojit Financial Services Ltd
Gold
Positive moves appear dominant in the counter as MACD bullish divergence suggest. Nevertheless, dip below 70000 region may induce mild weakness.
Silver
MACD bullish divergence suggest positivity still prevail in the counter. However, holding the trend line resistance at 82740 may induce mild correction.
Crude Oil
Prices may appear firmer above 7190 region. Whereas, a dip below 7060 region could induce weakness.
Natural Gas
Rebound above 160 region may offer further upside moves, while a dip below 153 could induce weakness as well.
Copper
Positive sentiments expected to prevail. However, corrective move below 814 region may induce mild weakness.
Nickel
Lack of volume in the counter.
Zinc
Positivity still witnessed in the prices. Whereas, holding the trend line level at 247.60 can induce correction.
Lead
Aluminium
Positive moves could still prevail, while holding any of the resistance could potentially trigger correction.
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