Intraday Technical Outlook 14 September 2021 - Geojit Financial
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Gold LBMA Spot
If the support of $1770 if 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
Expect a choppy with positive bias while prices stay above $70.70. Immediate trend reversal point is seen at $67.40
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
Prices needs to break above 64000 to 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 360. A close below the same is a weak signal.
Copper Sep
Weak sentiment to continue as long as prices stay below 740.
Nickel Sep
Rangebound with negative bias is likely as long as prices stay below 1520.
Zinc Sep
While prices stay above the support of 246 there are chances of rallies for the day. A direct drop below the same would trigger weakness.
Lead Sep
Choppy with positive bias is likely for the day. A direct drop below 177 is a sign of weakness.
Aluminium Sep
Corrective selloffs are likely but may find support near 225 and turn higher later.
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