Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 7 March 2024 - Geojit Financial Services Ltd
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Gold
MACD bullish divergence suggest prevalence of positivity. Unexpected dip below 64570 may induce correction.
Silver
MACD bullish divergence suggest positivity in the counter. Whereas, holding any resistance levels may induce mild correction.
Crude Oil
A sturdy gain above 6580 region may strengthen prices. Whereas, weakness may witness if prices dip below 6460 region.
Natural Gas
MACD bullish divergence suggest possibility of further upward moves. However, a dip below 153 region could induce mild weakness.
Copper
Prices may extend the gains further as long as trades sustain above 735 region. Whereas, dip below the same level may induce correction.
Nickel
Lack of volume in the counter.
Zinc
Mild positivity may be witnessed in the counter. Corrective dip below 219.60 may induce weakness.
Lead
Mild positivity expected in the day. Corrective moves may seen below 179.90 region.
Aluminium
Price may further strengthen above 203.80. Dip below 201.90 may induce weakness.
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