Commodity Intraday Technical Outlook 07 November 2025 - Goejit Investments Ltd
Intraday Technical Outlook
Gold LBMA Spot
Volatile trades is in the cards, but broad outlook remain on the bullish side.
Silver LBMA Spot
Stiff support is seen at $45 which if holds may see recovery rallies.
Crude Oil NYMEX
Inability to move past $59, there are chances of recovery rallies. Else, weakness would continue.
Gold KG Dec
It is required to break above Rs 121200 for triggering fresh rallies. Else, prices remain choppy.
Silver KG Nov
Corrective selling is initially expected. Break above Rs 150000 would extend rallies.
Crude Oil Oct
Stiff support is at Rs 5250 which if cleared would trigger fresh round of selling pressure.
Natural Gas Oct
A direct rise above Rs 384 is needed to trigger fresh upticks. If not, may see corrective selloffs.
Copper Oct
Broad outlook remain positive but expect choppy trades initially.
Nickel Oct
Support is placed at Rs 1300, which if cleared would extend weakness.
ZincM Oct
While prices stay above Rs 300 outlook remain positive and expect to continue the momentum today.
LeadM Oct
Break above Rs 185 may extend recovery upticks. Else choppy trads is on the cards.
AluminiumM Oct
Choppy trades expected inside Rs 270-275 levels initially. Either side breakout would suggest fresh short term directions.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
