Commodity Intraday Technical Outlook 03 June 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Recovery rallies expected the day. Broad outlook remain bullish.
Silver LBMA Spot
Break above $35 would trigger another round of rallies.
Crude Oil NYMEX
As long as the support of $60 hold downside, expect recovery rallies. Else, corrective selloffs expected.
Gold KG Jul
As long as Rs 95000 hold downside, the rend remains on the positive side.
Silver KG Jul
While prices stay above Rs 98000 may extend rallies.
Crude Oil Jun
Prices mostly choppy initially. Anyhow, Rs 5200 may act as a stiff support.
Natural Gas Jun
Break above Rs 318 may extend rallies. If not likely to correct prices lower.
Copper Jun
Choppy trades are likely inside Rs 872-860 levels and either side breakout would suggest fresh directions.
Nickel Jun
Prices remain choppy with nil volume.
ZincM Jun
Break above Rs 255 may extend rallies. Else, corrective selling pressure is likely.
LeadM Jun
Prices remain congested inside Rs 178-181 levels. Any of the sides breakout would suggest fresh directions.
AluminiumM Jun
If unable to break above Rs 240 may see mild selling pressure initially. Anyhow stiff support is placed at Rs 235.
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