Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 24January 2024 By Geojit Financial Services Ltd
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Gold:
A voluminous rebound above 62240 may offer further upside. Corrective dips may be seen below 61760 region.
Silver:
Mild rebound possible in the intraday. However, a corrective dip below 71350 can induce weakness.
Crude Oil:
Prices may further strengthen above 6280 region. However, weakness may continue if trades open and sustain below 6100 region
Natural Gas:
Rebound above 1890 region would strengthen the prices further. Weakness may be seen below 180 region.
Copper:
Prices may appear firmer above the trend line resistance of 735 region. Holding the same resistance may induce corrective dips.
Nickel:
Lack of volume in the counter.
Zinc:
Mild positivity expected to continue. Corrective dip below 225 may induce weakness.
Lead :
Mild positivity may be seen. Weakness may be seen below 182.70
Aluminium:
Mild positivity expected to continue in the session. Mild weakness can be anticipated if prices dip below 203.80.
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