Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 27 June 2024 - Geojit Financial Services Ltd
Gold
Sturdy move beyond 72000 region can strengthen the momentum, while a dip below 70670 may trigger weakness.
Silver
Prices may further weaken below 88850 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 6730 may trigger corrective moves.
Natural Gas
MACD Bearish Divergence suggest the possibility of mild weakness. Rebound may strengthen with voluminous move above 233 region.
Copper
Mild weakness is still possible. Whereas, rebound above 845 region can strengthen the prices.
Nickel
Lack of volume in the counter.
Zinc
Intraday move expected to be northbound. Inability to breach any of the resistance levels can induce correction.
Lead
Rebound above 189.80 region may strengthen the prices. Correction possible to extent if prices dip below 186.30.
Aluminium
Range bound moves possible in the counter. However, Rebounds above 230.80 region may strengthen prices.
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