Commodity Intraday Technical Outlook 06 June 2024 - Geojit Financial Services Ltd
Gold LBMA Spot
Expect recovery upticks while the support of $2325 hold downside.
Silver LBMA Spot
Recovery rallies expected while the support of $29.50 remain undisturbed.
Crude Oil NYMEX
If the support of $72 remain hold, expect recovery upticks for the day.
Gold KG Aug
A direct break above Rs 72500 would extend rallies. Else, corrective selloffs are likely.
Silver KG Jul
Further selloffs are expected only below Rs 88000. If unable to do it may see recovery upticks
Crude Oil Jun
Upbeat sentiment is on cards while prices stay above Rs 6000.
Natural Gas Jun
Expect a broad rage bound trade inside Rs 240-210 levels in the immediate run.
Copper Jun
Prices remain steady with mild positive bias for the day.
Nickel Jun
Expect choppy with thin volume trading in the near future.
Zinc Jun
Intraday sentiment mostly choppy while prices stay below Rs 265.
Lead Jun
Expect choppy with negative bias trading while prices places below Rs 192.
Aluminium Jun
Consistent trades below Rs 238 may see extension of selloffs. Else, recovery rallies expecte
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