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Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 2 April 2024 - Geojit Financial Services Ltd
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Gold
MACD bullish divergence suggest positivity. Whereas, dip below 67440 region may induce mild weakness.
Silver
Prices may strengthen further if trades extend above 76930 region. Whereas a dip below 76000 region may induce weakness.
Crude Oil
MACD bullish divergence suggest prevalence of positivity. Nevertheless, a voluminous dip below 7040 could be an early sign of weakness.
Natural Gas
Extended gains above 159 region would strengthen the prices. Or else, mild corrective moves possible if prices unable to move above the same resistance level.
Copper
Mild positivity expected to prevail, while corrective dip below 764 region may induce weakness as well.
Nickel
Lack of volume in the counter.
Zinc
Intraday moves expected to be slightly northbound. Corrective moves may be seen below 219.70.
Lead
Dip below 177.50 region can induce further weakness. Rebounds may strengthen above 179.30.
Aluminium
Mild positive move expected in the counter. Whereas, corrective dip below 211.40 may induce mild weakness.
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