2024-10-24 05:56:54 pm | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 24 October 2024 - Geojit Financial Services Ltd

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Gold

Prices expected to edge north bound in the current session. Fall below the support 77550 may induce a corrective fall.

Silver

ACD bullish divergence suggest positivity in the current session. However, a dip below the support of 97500 region can trigger liquidation.

Crude Oil

Sturdy move above EMA resistance 6100 may strengthen the prices. Else, mild correction is possible in the current session.

Natural Gas

MACD bearish divergence suggest the possibility of weakness. However, if trades sustain above the EMA support at 204.20, prices may extend recovery moves.

Copper

Mild negative bias expected to prevail. Holding near the EMA support at 834.50 may induce rebounds.

Nickel

Lack of volume in the counter.

Zinc

Prices may edge higher in the current session. A voluminous dip below 289.70 may induce mild weakness.

Lead

Rebound above 184.50 can offer upside room. Else, corrective moves may prevail.

 

Aluminium

Sturdy move above 246.10 region may offer upside room. Dip below 242.50 can induce correction.

 

 

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