Commodity Intraday Technical Outlook 03 April 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Bullish outlook likely to continue while prices stay above $3000.
Silver LBMA Spot
Immediate resistance is placed at $34.50 and sustained trades above the same would trigger further rallies.
Crude Oil NYMEX
Choppy with mild negative bias expected the day.
Gold KG Apr
Bullishness may continue as long as the support of Rs 90000 hold downside.
Silver KG Apr
Prices likely to be choppy initially. Anyhow, a direct drop below Rs 99700 would trigger liquidation.
Crude Oil Apr
Intraday momentum mostly choppy but stiff resistance is placed at 6200.
Natural Gas Apr
A direct drop below Rs 336 likely to extend weakness. Else, recovery upticks expected.
Copper Apr
As long as Rs 885 hold downside, expect recovery rallies for the day.
Nickel Apr
Prices remain choppy with nil volume.
ZincM Apr
If Rs 260 holds expect recovery rallies for the day. Else, weakness may continue.
LeadM Apr
Weak bias may continue while prices stay below Rs 178.
AluminiumM Apr
Inability to move past Rs 245 weak bias remains on the cards.
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