Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 10 October 2023 By Geojit Financial
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Gold
Rebound expected to sustain only with steady gains above 57700 region. Weakness may be seen only below 56250 region.
Silver
Sustained trades above 68500 region may strengthen the prices further. Dip below the same may induce weakness as well.
Crude Oil
Rebound may sustain only with voluminous trades above 7320 region. Corrective move below 7020 may weaken the prices.
Natural Gas
MACD Bullish divergence suggest further upside moves. However, a dip below 276 may weaken the prices for the day.
Copper
Range bound move may be seen. Dip below 704 support may induce further weakness. Rebound may strengthen above 714.
Nickel
Thin volume trades seen.
Zinc
Weakness may be seen below 219.60 region. Rebound expected to sustain only above 223.20 region.
Lead
Prices may strengthen above 188.20 region. Dip below 186 region may weaken the prices.
Aluminium
Range bound trades with mild rebounds may be seen in the intraday. Whereas, a dip below 204.90 region may weaken the prices.
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