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12-04-2024 06:07 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 12 April 2024 - Geojit Financial Services Ltd

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Gold

Positive moves appear dominant in the counter as MACD bullish divergence suggest. Nevertheless, dip below 71600 region may induce mild weakness.

 

Silver

MACD bullish divergence suggest positivity still prevail in the counter. However, holding the resistance at 84850 may induce mild correction.

 

Crude Oil

Prices may appear firmer above 7250 region. Whereas, a dip below 7110 region could induce weakness.

 

Natural Gas

Extended dip below 146 could induce weakness, while a rebound above 154 region may offer further upside.

 

Copper

Positive sentiments expected to prevail. However, corrective move below 825 region may induce mild weakness.

 

Nickel

Lack of volume in the counter.

 

Zinc

Positivity still witnessed in the prices. Whereas, a dip below 247 may induce weakness.

 

Lead

Sturdy gains above 190.90 could strengthen the prices further. Holding the same resistance level may induce mild correction.

 

Aluminium

Positive moves could still prevail, while holding any of the resistance could potentially trigger correction.

 

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