Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 21 September 2023 By Geojit Financial
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BULLION
Gold
Dip below 58400 may induce further weakness. Whereas, prices would strengthen only above the trend line resistance of 59400 region.
Silver
Sustained trades above 72800 region may strengthen the prices. Corrective dips below 71900 may weaken the prices.
ENERGY
Crude Oil
Extended dip below 7320 may induce weakness for the day. Voluminous rebound above 7440 may offer further upside as well.
Natural Gas
Prices may appear firmer above 230 region. A dip below 224 may weaken the prices for the day.
BASE METALS
Copper
Extended dip below 713 may induce further weakness. Whereas, a sturdy gain above 723 region may strengthen the prices as well.
Nickel
Thin volume trades seen.
BASE METALS
Zinc
Prices may appear firmer only above 223.80 region. A corrective dip below 220 may induce weakness.
Lead
Weakness may be seen if prices dip below 187.70 region. Prices may strengthen above 189 region.
Aluminium
A sturdy gains above 203.50 may strengthen the prices for the day. Whereas, a dip below 201.50 region may weaken the prices.
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