Evening Roundup : Daily Evening Report on Bullion, Base Metals and Energy Commodities - Geojit Investments Ltd
Gold Mini Oct
Extended dips below 150000 may induce downward pressure, whereas a sustained move above 153600 could offer room for upward trades.
Silver Mini Nov
Voluminous dips below 231000 could induce further weakness. Rebound above 236000 may offer possibility for upward trades.
Crude Oil Sep
Trades could extend their upward momentum during the current session. However, a break below the 9770 level may trigger weakness.
Natural Gas Sep
Slip below the 273 region could induce downside pressure. Conversely, solid gains above 282 could offer some upsides
Copper Sep
A decisive break below the 1350 level could accelerate downside pressure, while a rebound above the 1364 region may negate the bearish bias.
Alumini Sep
Prices may maintain a firm tone above the 350 level, while a decline below 347 could indicate further weakness.
Zinc Mini Sep
Prices may continue to face downward pressure during this session. However, a move above 415.40 could shift the outlook and negate the bearish bias.
Lead Mini Sep
Fall below 195 could induce weakness. Rebound above 196.60 could offer upside room.
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