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Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 31 July 2024 - Geojit Financial Services Ltd
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Gold
Rebounds may further strengthen above 69650 region. Whereas, a dip below 68700 may trigger corrective fall.
Silver
Recovery move may strengthen with sturdy move above 84400 region. Inability to cross above the same can cause correction.
Crude Oil
Present rebound may extend if the upside resistance level of 6460 is breached. Else, mild correction may witness below this resistance.
Natural Gas
Mild weakness may prevail in the counter. However, a steady recovery move above 180 region can offer upside room for prices.
Copper
Recovery move above 805 region may strengthen the momentum. Else, mild consolidation may witness in the current session.
Nickel
Lack of volume in the counter.
Zinc
Although a mild weakness still likely, steady rebound above 253.20 region can offer upside room for prices.
Lead
Falling below 184.70 may stretch southward moves. Recovery move could strengthen only above 186.80 region.
Aluminium
Sturdy rebound above 212.30 may strengthen the prices. Correction below 209.50 may extend weakness.
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