25-01-2024 05:33 PM | Source: Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 25January 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 may seen today as well. However, a corrective dip below 71350 can induce weakness.

 

Crude Oil:

MACD Bullish divergence suggest mild positivity. However, weakness may be seen if prices slip below 6280 region.

 

Natural Gas:

Sustained trades above 190 region may offer further upside. Weakness may be seen if prices slip below the same level.

 

Copper:

Prices may appear further firm 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 228.40 may induce weakness.

 

Lead:

Range bound moves may be seen. Rebound may strengthen above 183.90.

 

Aluminium:

Mild positivity may continue in the session. Mild weakness can be anticipated if prices dip below 202.

 

 

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