Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 22 November 2024 - Geojit Financial Services Ltd
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BULLION
Gold
Prices may edge northward. Falling below SMA 76820 level can induce correction.
Silver
Voluminous trades above EMA resistance at 93580 can offer upward moves in prices. Inability to move above the same level may trigger mild correction.
ENERGY
Crude Oil
Prices may appear firmer above 6020 level. Or else, corrective dips possible to witness below the same.
Natural Gas
MACD bullish divergence suggest positivity. However, trades below 292 may trigger corrective fall.
BASE METALS
Copper
Mild corrective move is possible to witness. Holding the support levels can lead to mild upticks.
Nickel
Lack of volume in the counter.
Zinc
Prices may appear weaker below 275.80 region. Else, mild rebounds may be witnessed.
BASE METALS
Lead
Mild corrective moves expected. However, sturdy move above 182 can strengthen the prices.
Aluminium
Upticks are possible if prices stay above the SMA level 241.60. While, correction is possible below the same level.
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