01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 23 June 2023 - Geojit Financial Services
News By Tags | #473 #4943

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Gold LBMA Spot

While prices stay below $1920 weak bias to continue the day. A direct turn above $1980 is a sign of reversal.

Silver LBMA Spot

Intraday bias remains on the weaker side as long as it stays below $22.50. Upside reversal point is seen at $24.50.

Crude Oil NYMEX

Inability move past $72 intraday outlook remains on the lower side. A direct turn above the same would strengthen the momentum.

Gold KG Jun

While below Rs 59000 weakness would continue the day. Break above Rs 60500 could negate the view.

Silver KG Jul

Expect weakness to continue the day. Break above Rs 74000 would trigger rallies

Crude Oil Jul

Initial bias mostly on the downside but it required to sustain below $5500 to extend the momentum.

Natural Gas Jun

If the immediate resistance of 216 remains undisturbed expected weak bias for the day

Copper JUL

Sustained trades above Rs 740 is needed to extend rallies. Else, corrective selling pressure is on the cards.

Nickel Jul

Expect choppy with thin volume trading in the near future.

Zinc Jul

If Rs 214 hold downside, expect recovery upticks. Else, weak bias to extend the day.

Lead Jul

Inability to move past 186 intraday bias mostly on the weak side. Else, expect a choppy trading.

Aluminium Jun

As long as prices stay below Rs 202 outlook remains on the weaker side. A direct rise above Rs 205 is a reversal sing

 

 

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