Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 14 December 2023 By Geojit Financial Services Ltd
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BULLION
GOLD
Mild positivity may be seen if prices sustain above 61700 region. Mild weakness is expected if prices dip below the same.
Silver
Extended surge above 75300 may strengthen prices further. Whereas a dip below 73930 may induce weakness as well.
ENERGY
Crude Oil MCX Dec
Rebound expected to sustain in the intraday. However, a dip below 5820 may induce mild correction.
Natural Gas
MACD bearish divergence suggest prevalence of weakness. Rebound may sustain above 200 region.
BASE METALS
Copper
Mild positivity may be seen. Intraday weakness may be seen below 721 region.
Nickel
Thin volume trades seen.
Zinc
Prices may strengthen above 222.60 region. Dip below 220 region on can induce weakness.
BASE METALS
Lead
Range bound moves may be seen in the intraday. Rebound may strengthen above 185.10.
Aluminium
Range bound moves with mild positive bias expected. Dip below 197.40 may weaken the prices.
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