Intraday Technical Outlook 13 September 2021 - Geojit Financial
Gold LBMA Spot
If the support of $1770 remains hold, chances of recovery upticks are still on cards. A direct drop below the same would call for corrective selling.
Silver LBMA Spot
Expect a choppy trading with mild negative bias for the day. Further rallies are seen only a break of $24.60.
Crude Oil NYMEX
A direct break above $70.70 would take prices further higher. Else, there are chances of corrective selling 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
Buying momentum likely to continue while prices stay above 5120. A close below 4960 is a weak signal.
Natural Gas Sep
Rallies would continue while prices stay above 345. A close below the same is a weak signal.
Copper Sep
While prices stay above 725 rallies to continue the day. A close below 718 is a weak signal.
Nickel Sep
Consistent trades above 1454 there are chances of rallies to continue the day. A close below the same would trigger liquidation pressure.
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
Choppy with positive bias is likely for the day. A direct drop below 177 is a sign of weakness.
Aluminium Sep
Rallies would continue as long as 220 remain hold the downside. A clos below 215 is a signal of short term correction.
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