Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 19 June 2024 - Geojit Financial Services Ltd
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Gold
Solid gains above 72000 can strengthen prices. Corrective moves may extend lower with dips below 70670 region.
Silver
MACD bearish divergence indicate the chances of weakness. Prices could strengthen with a steady rebound above 89250 region.
Crude Oil
MACD Bullish divergence suggest possibility of north bound moves in the current session. Nevertheless, holding the resistance may trigger corrective moves.
Natural Gas
Corrective moves extend lower only if the support at 237 region is breached. Whereas, holding the same support can induce mild rebounds
Copper
Prices could strengthen further if trades sustain above 850 region. Whereas, dip below the same an induce mild weakness.
Nickel
Lack of volume in the counter.
Zinc
Sustained trades above 258.30 may offer further upside. Corrective moves may be triggered with a dip below the same support.
Lead
Sturdy move above 191 region may strengthen the prices. Dip below 188.50 region may induce weakness.
Aluminium
Mild correction is still possible in the counter. However, Rebounds above 232.40 region may strengthen prices.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
