Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 13 March 2024 - Geojit Financial Services Ltd
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Gold
MACD bullish divergence suggest prevalence of positivity. Nevertheless, corrective dips are possible below 65000 region.
Silver
Range bound trades with mild positive bias expected in the counter. Whereas, a voluminous dip below 73200 may induce weakness as well.
Crude Oil
Rebound may strengthen above 6580 region. Whereas, a dip below 6420 region may induce weakness.
Natural Gas
Further weakness may be seen below 137 region. Whereas, holding the same support may induce mild rebound.
Copper
Prices may strengthen further only above 748 region. Whereas, dip below 735 level may induce correction.
Nickel
Lack of volume in the counter.
Zinc
Range bound moves may be witnessed. Prices may strengthen above 226 region. Corrective dip below 223.30 may induce weakness.
Lead
Mild positivity expected in the day. Corrective moves may seen below 180.90 region.
Aluminium
Price may further strengthen above 204.70. Dip below 203 may induce weakness.
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