Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 24 June 2024 - Geojit Financial Services Ltd
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Gold
Corrective moves may extend lower if trades remain below 72000 region. Rebound above the same could offer some upsides.
Silver
Prices may appear firmer above 93940 region. Corrective move may extend lower if prices breach the support at 92700 region.
Crude Oil
MACD Bullish divergence suggest possibility of north bound moves in the current session. Nevertheless, dip below 6690 may trigger corrective moves.
Natural Gas
MACD Bearish divergence suggest possibility of weakness. Whereas, if the trades sustain above the downside support of 233, rebounds may be seen.
Copper
Mild weakness is possible to witness. Whereas, rebound above 855 region can induce mild rebounds.
Nickel
Lack of volume in the counter.
Zinc
Weakness may be triggered with a dip below 256.70. Whereas, rebound may strengthen above 261 region.
Lead
Range bound trades with mild weakness expected. Rebound above 189.80 region may induce rebounds.
Aluminium
Range bound moves with mild correction expected. However, Rebounds above 230.80 region may strengthen prices.
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