Commodity Intraday Technical Outlook 01st September 2026 - Geojit Investments Ltd
Gold LBMA Spot
Outlook remains mild positive as long as prices stay above of $4000.
Silver LBMA Spot
As long as prices stay above $60 likely to extend upticks.
Crude Oil NYMEX
Broad outlook remains choppy. However, a direct drop below $80 likely to extend weakness.
Gold KG Aug
Prices remains choppy initially. Stiff downside support is placed at Rs 154000
Silver KG Sep
Stiff upside resistance is seen at Rs 253000 which needs to be cleared for further fresh rallies.
Crude Oil Aug
Rangebound with mild negative bias expected as long as prices stay below the support of Rs 7700.
Natural Gas Aug
Rangebound trade inside Rs 268-280 levels expected and any of the sides breakout would suggest fresh direction.
Copper Aug
As long as prices stay above Rs 1300 positive bias are intact. Downside turnaround point is seen at Rs 1180.
Nickel Aug
Support is placed at Rs 1550, which if cleared would extend weakness.
ZincM Aug
As long as prices stay above Rs 390 it may extend rallies. Stiff support is placed at Rs 372.
LeadM Aug
A direct drop below Rs 195 prices would liquidate further. If not, may see choppy trading for the day.
Alumini Aug
Choppy with mild positive bias expected. Major selloffs are seen only below at Rs 324.
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