Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 28 June 2024 - Geojit Financial Services Ltd
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Gold
Sturdy move beyond 72180 region can strengthen the momentum, while a dip below 70900 may trigger weakness.
Silver
Extended gains could gather momentum if trades breach above 90350 region. Conversely, prices may weaken below 88850 region.
Crude Oil
MACD Bullish Divergence suggest possibility of north bound moves in the current session. Nevertheless, dip below 6830 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
Extending gains above 231.90 may strengthen the prices, while a dip below 228.30 may induce weakness.
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