Intraday Technical Outlook 10 June 2022 - Geojit Financial Services
Gold LBMA Spot
Choppy trading is likely as long as prices stay below support of $1855. Recovery rallies are anticipated only a break above $1868.
Silver LBMA Spot
A direct dip below the support of $21.50 would extend weak bias. Else, there are chances of recovery upticks.
Crude Oil NYMEX
Further rallies are seen only a break above $122. Inability to break the same would trigger corrective selling.
Gold KG Aug
Intraday bias likely to correct lower as long as prices stay below Rs 51200. A direct rise above Rs 51600 is a bullish signal.
Silver KG Jul
As long as prices stay above Rs 60500, expect rallies would continue the day. A direct drop below Rs 60000 is a sign of major weakness.
Crude Oil Jun
Expect a choppy trade inside Rs 9600-9040 levels with mild positive bias. Breaking any of the sides would suggest fresh short term directions.
Natural Gas Jun
Bullish outlook likely to continue while prices stay above Rs 690. Consistent trades below Rs 620 is a sign of weakness.
Copper Jun
Choppy trading inside Rs 770-810 levels remains on cards and breaking either the sides would suggest fresh directional moves.
Nickel Jun
Volume less trades inside Rs 1880-2400 levels likely to continue in near future.
Zinc Jun
Consistent trades above Rs 330 would continue rallies. Else, there are chances of corrective selling pressure for the day.
Lead Jun
Range bound trade inside Rs 189-179 levels remain son cards and breaking any of the sides would set a short term direction.
Aluminium Jun
A direct dip below Rs 230 would trigger major selling pressure. Else, expect recovery upticks for the day.
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