09-09-2021 09:30 AM | Source: Geojit Financial Services Ltd
Intraday Technical Outlook 09 September 2021 - Geojit Financial
News By Tags | #473 #4943

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Gold LBMA Spot

Support of $1770 if hold expect recovery upticks. Else, there are chances of corrective selling pressure for the day.

 

Silver LBMA Spot

A turn higher is possible if prices stay above $23.70. A direct drop below the same is a sign of weakness.

 

Crude Oil NYMEX

Expect a choppy trading inside $70-67.50 levels initially and breaking either the sides would suggest fresh direction for the day.

 

Gold KG Oct

A direct drop below 46600 may extend the selling pressure for the day. Else, there are chances of recovery upticks.

 

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

Resistance of 5160 is required to continue buying momentum. Else, there are chances of choppy trading for the day.

 

Natural Gas Sep

Rallies would continue while prices stay above 345. A close below the same is a weak signal.

 

Copper Sep

If unable to trade above 718 weak sentiments to continue in the counter. Else, rallies expected the day.

 

Nickel Sep

While prices sustain above 1454 there are chances of rallies to continue the day. A close below the same is a weak signal..

 

Zinc Sep

Inability to break 246 there are chances of rallies for the day. A direct drop below the same may see choppy with negative sentiment.

 

Lead Sep

Positive bias may continue while prices stay above 183. A direct drop below 177 is a sign of weakness.

 

Aluminium Sep

Rallies would continue as long as 217 remain hold the downside. A clos below 215 is a signal of short term correction.

 

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