Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 25 June 2024 - Geojit Financial Services Ltd
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Gold
Sturdy move beyond 72000 region can strengthen the momentum, while a dip below 70670 may trigger weakness.
Silver
Corrective move may extend lower if prices breach the support at 90220 region. While holding the same support can induce rebounds.
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
Prices may strengthen above 253 region. Whereas, dip below 240 support region may induce weakness.
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
Mild correction is possible to witness. Rebound above 189.80 region may strengthen the prices.
Aluminium
Range bound moves with mild correction possible in the counter. However, Rebounds above 230.80 region may strengthen prices.
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