Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 28 November 2024 - Geojit Financial Services Ltd
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BULLION
Gold
Prices may gain upward momentum above SMA level 76610. Fall below 75280 may induce mild weakness.
Silver
Prices may exhibit a mild weak bias in the current session. Recovery upticks may gain momentum above 90600 region.
ENERGY
Rebound may strengthen only if trades move above 5940 level. Or else, corrective dips possible to occur in the current session.
Natural Gas
Recovery upticks may gain momentum above 278 region. Else, mild correction may witness if prices fail to move above the same resistance level.
BASE METALS
Copper
Mild weakness possible to prevail in the counter. Whereas, recovery moves could strengthen above 814 region.
Nickel
Lack of volume in the counter.
Zinc
Corrective moves may extend lower if prices dib below 283.10 region. Inability to move below the same can induce rebounds.
BASE METALS
Lead
Range bound moves with mild weak bias expected. Sturdy move above EMA level 181.70 can strengthen the prices.
Aluminium
Corrective fall may extend if prices dip below 239 region. Recovery move could sustain only above 241.70.
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