Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 14 June 2024 - Geojit Financial Services Ltd
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Gold
Extended gains above 72000 can strengthen prices. Corrective moves may extend lower with dips 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 6490 may extend weakness.
Natural Gas
Mild correction may witness in the session. Rebound above 253 may offer further upside.
Copper
MACD bearish divergence indicate the possibility of mild weakness. Prices could strengthen only with sturdy gains above 862 region.
Nickel
Lack of volume in the counter.
Zinc
Mild correction is possible. Rebounds could strengthen above 261.80 region.
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. Prices may strengthen above 234.70 region.
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