Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 19 September 2024 - Geojit Financial Services Ltd
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Gold
Mild positivity expected to prevail in the counter. Fall below the support of 72510 can induce corrective dips.
Silver
Prices expected to trade north bound. However, a dip below the support of 88700 can induce mild weakness.
Crude Oil
Mild correction is possible in the current session. However, an extended move above 6000 can strengthen the prices.
Natural Gas
Prices may appear weaker below EMA support at 187 region. Whereas, holding the same support can induce rebounds.
Copper
Mild positivity expected. Corrective moves would sustain only below the EMA support of 806.30 region.
Nickel
Lack of volume in the counter.
Zinc
Mild positivity expected to prevail in the counter. Dip below 267 region can induce correction.
Lead
Intraday trades may be range bound. Prices may strengthen above EMA resistance at 186.40. Dip below 183.60 can induce mild weakness.
Aluminium
Mild positive moves expected. Else, mild correction may be seen if prices held at the same resistance.
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