Commodity Intraday Technical Outlook 05th November 2026 - Geojit Investments Ltd
Gold LBMA Spot
Broad trend remains choppy. Consistent trades above $4100 may extend recovery rallies.
Silver LBMA Spot
While prices stay below $54 liquidation pressure likely to continue. Next support is seen at $44.
Crude NYMEX
Choppy trades expected initially. However, consistent trades above $96 may lift prices further higher.
Gold KG Dec
A direct rise above Rs 148000 could trigger rallies.
Silver KG Dec
Broad outlook remain on the weaker side. Immediate upside reversal point is placed at Rs 224000.
Crude oil Nov
Sustained trades below Rs 9000 prices would liquidate further. If not, may see recovery rallies.
Natural Gas Nov
While prices stay below Rs 300, broad momentum remains on the weaker side.
Copper Nov
If prices stay above Rs 1350 positive bias are intact. Downside turnaround point is seen at Rs 1180.
Nickel Nov
Support is placed at Rs 1450, which if cleared would extend weakness.
Zinc M Nov
Intraday volatility expected. Anyhow, broad outlook remains positive.
Lead M Nov
A direct drop below Rs 195 prices would liquidate further. If not, may see choppy trading for the day.
Alumini Nov
Choppy with mild positive bias expected. Major selloffs are seen only below at Rs 316.
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