Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 30 July 2024 - Geojit Financial Services Ltd
Gold
Rebounds may strengthen above 68980 region. Whereas, extended dip below 67600 may extend the prices further lower.
Silver
Mild weakness prevail in the counter. Whereas, a steady rebound above 82700 region may offer upside room for prices.
Crude Oil
Present rebound may extend if the upside resistance level of 6400 is breached. Else, mild correction may witness in the current session as well.
Natural Gas
Mild weakness may prevail in the counter. However, a steady recovery move above 180 region can offer upside room for prices.
Copper
MACD Bearish divergence suggest prevalence of weakness. However, steady rebound above 794 region can offer upside room for prices.
Nickel
Lack of volume in the counter.
Zinc
Weakness likely to prevail in the counter. Holding the support levels can induce rebounds.
Lead
Falling below 184.70 may stretch southward moves. Recovery move could strengthen only above 186.80 region.
Aluminium
Intraday moves expected to be southbound. Steady rebound above 209.50 may strengthen the prices.
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