10-10-2024 05:35 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 10 October 2024 - Geojit Financial Services Ltd

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Gold

Fall below the SMA support 74330 may extend the corrective fall. Holding the same support can induce mild rebounds.

 

Silver

Extended dip below EMA support 87930 region can induce weakness. Or else, range bound trades may be witnessed in the current session.

 

Crude Oil

MACD Bullish divergence suggest the possibility of mild uptrend. However, a sustained fall below EMA support 6140 may extend prices lower in the current session.

 

Natural Gas

Extended fall below 218 region may trigger weakness. Whereas, holding the same region can induce rebounds.

 

Copper

A voluminous dip below EMA support of 820 can trigger weakness. Holding the same support can induce rebounds.

 

Nickel

Lack of volume in the counter.

 

Zinc

Mild rebounds may be seen. Corrective dips below 276.50 may induce mild weakness.

 

Lead

Corrective moves may prevail in the counter. Holding any of the support may induce mild rebounds.

 

Aluminium

Rebounds may strengthen if prices sustain above 235.70. Or else, a corrective move is possible to witness.

 

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