IGI Logo

LBMA Spot Gold

Prices needs to clear $1815 to continue recovery upticks. Else, there are chances of corrective selling pressure for the day.

LBMA Spot Silver

Consistent trades above $23.95 likely to lift prices higher. Otherwise expect a range bound trading with mild negative bias.

Crude Oil NYMEX

Inability to move past $68.50 chances of corrective selling pressure remain on cards. Anyhow, major liquidation is seen only a close below $65.

Gold KG Oct

Dips to 46800 may find support and trigger recovery upticks. A direct close below the same is a weak signal.

Silver KG Sep

A range bound trading initially expected. It required to break and sustain above 64200 to continue rallies.

Crude Oil Aug

Choppy trading with mild upside bias are likely for the day. Further liquidation is seen only a close below 4920.

Natural Gas Aug

Selloffs to continue while prices stay below the resistance of 294. major support is seen at 278.

Copper  Aug

While prices stay below 716 weak bias to continue the day.

Nickel Aug

A direct break above 1500 is required to continue rallies. Else, there are changes of negative bias trading for the day.

Zinc Aug

Inability to move past 252 weakness to continue the day. A direct rise above the same would continue rallies.

Lead Aug

If unable to break the resistance of 182 expect corrective selloffs fare likely or the day. Meanwhile, a direct rise above 183 is a sign of fresh rallies.

Aluminium Aug

A choppy trading indie 211-207 is expected initially. Braking any of the sides would suggest fresh direction to the commodity.

To Read Complete Report & Disclaimer Click Here

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer 
SEBI Registration Number: INH200000345

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer