Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 25 July 2024 - Geojit Financial Services Ltd
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Gold
Extended dip below 67150 may extend the prices further lower. Rebounds may strengthen above 68600 region.
Silver
Mild weakness prevail in the counter. Whereas, a steady rebound above 83200 region may offer upside room for prices.
Crude Oil
Weakness expected to prevail in the counter. However, a steady rebound above 6500 region can strengthen the momentum.
Natural Gas
Range bound moves with mild negative bias is expected in the counter. However, a steady recovery move above 190 region can offer upside room for prices.
Copper
MACD Bearish divergence suggest prevalence of weakness. While, holding any of the support levels can induce mild rebounds.
Nickel
Lack of volume in the counter.
Zinc
Weakness likely to prevail in the counter. Holding the support levels can induce rebounds.
Lead
Mild weakness expected to witness in the session. Sustained rebound above 186 region may strengthen the momentum.
Aluminium
Mild weakness still prevail in the counter. Holding any the support regions could induce rebounds.
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