Commodity Intraday Technical Outlook 05th January 2026 - Geojit Investments Ltd
Intraday Technical Outlook
Gold LBMA Spot
Outlook remains on the bullish side. Immediate reversal point is placed at $3900.
Silver LBMA Spot
While prices stay above $60 would extend bullish rallies. Else, choppy trading expected the day.
Crude Oil NYMEX
Expect choppy trades inside $55-60 levels and either side breakout would suggest fresh directions.
Gold KG Feb
Recovery upticks expected. Stiff support is seen at Rs 130000.
Silver KG Mar
Bullish outlook likely to continue. Major support is seen at Rs 190000.
Crude Oil Jan
Expect choppy trades initially. Stiff resistance is placed at Rs 5500.
Natural Gas Jan
Intraday trend remains on the weaker side as long a prices stay below Rs 345.
Copper Jan
Bullish momentum may continue while the support of Rs 1280 hold downside.
Nickel Jan
Support is placed at Rs 1300, which if cleared would extend weakness.
ZincM Jan
Break below Rs 300 may extend corrective selloffs. Else, recovery rallies expected.
LeadM Jan
Break above Rs 185 may extend recovery upticks. Else choppy trads is on the cards.
Alumini Jan
Upticks likely to continue while prices stay above Rs 300. Immediate reversal point is at Rs 294.
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