13-11-2024 06:03 PM | Source: Geojit Financial Services Ltd.
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 13 November 2024 - Geojit Financial Services Ltd

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Gold

MACD Bearish divergence suggest the prevalence of weakness. Recovery move above the EMA level 75590 may offer some upside for the prices. 

Silver

Mild weakness still prevails in the counter.  However, a voluminous move above 91440 region may offer upside room for prices. 

 

Crude Oil

Extended dip below 5680 region can trigger downward dips.  Voluminous rebound above 5910 may offer upside room.  

 

Natural Gas

Prices may appear firmer above the trend line resistance at 250 region.  Else, corrective move may extend lower.  A voluminous dip below 238 can trigger mild weakness as well.

Copper

Range bound trades with mild negative bias expected.  Recovery upticks could sustain only with voluminous move above 820.90 region. 

Nickel

Lack of volume in the counter. 

Zinc

Mild weakness may prevail in the current session.  Holding any of the support can induce rebounds. 

Lead

Mild weakness expected.  Rebound above EMA resistance of 182.60 can strengthen the prices. 

Aluminium

Dip below EMA support of 235.80 may trigger weakness.  If prices held the same support, mild rebound may occur. 

 

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