IGI Logo

Gold LBMA Spot

Intraday momentum likely to be on the positive side as long as $1792 hold the downside. Anyhow, it required to break $1815 to continue major rallies.

Silver LBMA Spot

Consistent trades above $23.90 is required to lift prices higher. Else, there are chances of range bound trading for the day.

Crude Oil NYMEX

It required to break $68.20 to continue rallies for the day. Else, intraday bias prices to correct lower

Gold KG Oct

Recovery momentum may continue while 47200 hold the downside.

Silver KG Sep

If unable to break and sustain above 63800 expect a choppy trading for the day. Else, it may trigger rallies.

Crude Oil Sep

Expect a range bound trading inside 5055-4880 initially and breaking any of the sides would suggest fresh direction for the day.

Natural Gas Aug

If the support of 282 remain hold there are chances of intraday recovery upticks. A close below 262 is another signal of liquidation pressure.

Copper Sep

Prices continue to be range bound inside 720-688 levels and breaking either the side would suggest fresh direction for the day.

Nickel Sep

Inability to move past 1446 there are chances of corrective selling for the day.

Zinc Sep

Range bound with mild negative bias trading expected as long as it stay below 249.

Lead Sep

While prices stay below 180 weak momentum to continue for the day. A direct rise above the same is a recovery signal.

Aluminium Sep

Mild positive bias expected as long as 206 hold the downside.

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