Commodity Intraday Technical Outlook 05 March 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Broad sentiment remain bullish and expect to continue the momentum.
Silver LBMA Spot
Consistent trades above $32.50 may extend rallies. Else, corrective selloffs expected.
Crude Oil NYMEX
While prices stay below $70 weak outlook likely to continue the day.
Gold KG Apr
Outlook remain bullish as long as the support of Rs 84500 hold downside.
Silver KG Apr
While prices stay above Rs 93000, momentum mostly on the positive side.
Crude Oil Mar
As long as prices stay below Rs 6000, there are chances of weak bias to continue the day.
Natural Gas Mar
Sentiment remain positive while prices stay above Rs 335.
Copper Mar
Range bound trading inside Rs 850-870 is expected the day.
Nickel Mar
Prices remain choppy with nil volume.
ZincM Mar
A direct rise above Rs 272 may extend rallies. Else, corrective selloffs expected the day.
LeadM Mar
While prices stay below Rs 190 sentient mostly downbeat.
AluminiumM Mar
A bounce back is expected while the support of Rs 256 remain undisturbed.
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