04-09-2024 11:20 AM | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 04 September 2024 - Geojit Financial Services Ltd

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Gold LBMA Spot

It is required to break above $2530 would extend rallies. Else, choppy trades expected the day.

Silver LBMA Spot

Choppy with mild negative bias expected while prices stay below $28.50.

Crude Oil NYMEX

Liquidation pressure may continue as long as prices stay below $70.

Gold KG Oct

Break below Rs 71000 would extend weakness. If not may see recovery rallies.

Silver KG Dec

Break below Rs 82000 likely continue the weak momentum.

Crude Oil Sep

As prices cleared the support of Rs 6000 it may extend weakness for the day.

Natural Gas Sep

There are chances of recovery upticks while prices stay above Rs 174.

Copper Sep

Immediate support is at Rs 780 which needs to be cleared for further selloffs.

Nickel Sep

Expect choppy with thin volume trading in the near future.

ZincM Sep

As long as Rs 262 hold downside there are chances of recovery upticks for the day.

LeadM Sep

Break below Rs 182 may see extension of selloffs. Else, recovery rallies are on the cards.

AluminiumM Sep

Consistent trades below Rs 222 may see further selling pressure in the counter.

 

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