Intraday Technical Outlook 06 September 2021 - Geojit Financial
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Gold LBMA Spot
Braking $1835 is needed to continue further rallies for the day. Else, there are chances of corrective selling pressure.
Silver LBMA Spot
Recovery upticks may continue while prices stay above $23.70. A direct drop below the same is a sign of weakness.
Crude Oil NYMEX
Inability to break $70 corrective selloffs may continue in near future. Else, expect rallies.
Gold KG Oct
While prices stay above 46600 there are chances of further upticks. A close below the same is a liquidation signal.
Silver KG Sep
Consistent trades above 64000 will continue rallies in near future. A direct drop below 61500 is a weak signal.
Crude Oil Sep
Choppy trend likely to continued as long as the support of 4910 remain undisturbed.
Natural Gas Sep
Bullish outlook to continue while prices stay above 318. A close below 303 is a sign of further weakness.
Copper Sep
If unable to trade above 718 weak sentiments to continue in the counter. Else, rallies expected the day.
Nickel Sep
Immediate corrective is likely but later a turnaround is possible.
Zinc Sep
Expect a choppy trading inside 246-249 levels and breaking any of the sides would suggest fresh direction for the commodity.
Lead Sep
Positive bias may continue while prices stay above 180. A direct drop below 177 is a sign of weakness
Aluminium Sep
Rallies would continue as long as 212 remain hold the downside. A clos below 209 may trigger corrective selling pressure.
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