Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 27 November 2024 - Geojit Financial Services Ltd
BULLION
Gold
Prices may gain upward momentum above SMA level 76430. Fall below 74850 may induce mild weakness.
Silver
Recovery move can strengthen only with steady move above 91450 region. Else, corrective trades may be witnessed in the current session.
ENERGY
Crude Oil
Rebound may strengthen only if trades move above 5960 level. Or else, corrective dips possible to occur in the current session.
Natural Gas
MACD bullish divergence suggest the prevalence of positivity. However, trades below 279 may extend correction.
BASE METALS
Copper
Prices may strengthen above 814 region. Whereas, a dip below 802 can weaken the prices as well.
Nickel
Lack of volume in the counter.
Zinc
Prices expected to exhibit upward moves. Fall below 285.60 region may induce correction.
BASE METALS
Lead
Range bound moves expected. Sturdy move above EMA level 181.80 can strengthen the prices.
Aluminium
Upticks are possible if prices stay above the SMA level 241.70. While, correction is possible if prices move below the same level.
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