23-01-2024 06:37 PM | Source: PR Agency
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 23 January 2024 By Geojit Financial Services Ltd

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Gold

MACD bearish divergence suggest mild weakness. However, a voluminous rebound above 62200 may strengthen the prices.

Silver

Range bound moves with mild negative bias expected in the counter. Rebound may sustain only with steady gains above 71700 region.

Crude Oil

Prices may further strengthen above 6280 region. However, weakness may continue if trades open and sustain below 6080 region.

Natural Gas

An extended dip below 198 may induce further weakness. However, prices may strengthen with voluminous rebound above 210 region.

Copper

Rebound above 728 region may strengthen the prices. Corrective dips possible below 720 region.

Nickel

Lack of volume in the counter.

Zinc

Prices may appear firmer above 224.90 region. Dip below 223 may induce weakness.

Lead

Recovery moves may strengthen above 184 region. Weakness may be seen below 182.50.

Aluminium

Rebound may strengthen above 200.80. Weakness expected to continue if prices dip below 197.70.

 

 

 

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