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Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 15 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
Prices may extend the trades higher in the intraday. Corrective moves possible to sustain only below 74860 region.
Crude Oil
Extended gains above 6760 would offer further upside. Whereas, a dip below 6650 region may induce weakness as well.
Natural Gas
Extended gains above 151 region may strengthen the prices. Whereas, holding the same resistance may induce mild weakness.
Copper
Prices may strengthen further if trades sustain above 755 region. Else, mild correction may be seen.
Nickel
Lack of volume in the counter.
Zinc
Range bound moves may be witnessed. Corrective dip below 223.30 may induce weakness.
Lead
Corrective moves below 179.70 region may extend weakness. Mild rebounds may be seen if prices hold any of the support regions.
Aluminium
Price may further strengthen above 204.70. Dip below 203 may induce weakness.
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