Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 30 September 2024 - Geojit Financial Services Ltd
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Gold
Positivity expected to prevail in the counter. Fall below the support of 74830 can induce corrective dips.
Silver
Mild positive bias is expected to witness. However, a fall below the support of 91080 can trigger mild weakness.
Crude Oil
Mild weakness may prevail in the counter. Sturdy rebound above 5840 of SMA resistance may offer some upside room for prices.
Natural Gas
MACD Bullish divergence suggest mild positivity. Sustained trades above trend line resistance can extend northward moves. However, a fall below 237 may induce mild weakness.
Copper
Mild positivity still possible in the current session. A voluminous dip below 852 can trigger weakness.
Nickel
Lack of volume in the counter.
Zinc
Prices expected edge northward. Fall below 280 region can induce weakness.
Lead
Prices may edged higher if trades sustain above 186.50 region. Weakness expected only below EMA support of 183.20 region.
Aluminium
Range bound trades with mild correction expected. Fall below 236.50 may extend downward moves.
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