Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 16 May 2024 - Geojit Financial Services Ltd
Gold Mini June
Fall below 92300 region may weaken the prices. Else, consolidation with mild rebounds expected in this session.
Silver Mini June
Although a mild correction is possible in this session, voluminous move above 96700 can offer upside room.
Crude Oil May
Extended correction below 5180 may induce weakness. Whereas, rebound above 5350 can offer upward momentum.
Natural Gas May
Mild weak bias expected. Sturdy rebound above the 294 region may alter current bias.
Copper May
Prices may trade southward in this session. However, firmer trades above 865 region may offer upside room.
Alumini May
Sustained trades below 240.90 may extend weakness. Rebound above the same may offer upside room for prices
Zinc Mini May
Extended dip below 254.80 may induce mild weakness. Holding the same support may induce rebounds.
Lead Mini May
Surging above 179 may offer upside room. Fall below 176.90 may extend weakness.
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