Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 13 June 2024 - Geojit Financial Services Ltd
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Gold
Extended gains above 72000 can strengthen prices. Corrective moves may extend below 70670 region.
Silver
MACD bearish divergence suggest the possibility of weakness. Prices could strengthen with a steady rebound above 89250 region.
Crude Oil
MACD Bullish divergence suggest possibility of uptrend. However, dip below 6410 may extend weakness
Natural Gas
Northbound moves possible if prices sustain above 253 region. While, a corrective move below the same may induce weakness.
Copper
MACD bearish divergence indicate the possibility of mild weakness. However, sustained trades above 857 region can induce rebounds.
Nickel
Lack of volume in the counter.
Zinc
Recovery moves may strengthen above 261.80 region, whereas a dip below 256.70 may induce weakness.
Lead
Extended dip below 186.30 region may induce weakness. A steady gains above 188.60 may strengthen the prices.
Aluminium
Range bound moves expected in the counter. Recovery moves strengthen above 236.30 region.
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