Commodity Intraday Technical Outlook 08th October 2026 - Geojit Investments Ltd
Gold LBMA Spot
Choppy with mild negative bias expected initially. Next stiff support is placed at $3800.
Silver LBMA Spot
A direct break below $60 likely to extend weak bias. If not, likely for mild recovery upticks.
Crude Oil NYMEX
Intraday outlook remain positive. However, a direct drop below $90 may trigger weakness.
Gold KG Dec
As long as prices stay below Rs 150000 there are chances of extension of corrective selloffs.
Silver KG Dec
Break below the support of Rs 230000 would extend selling pressure. Else, recovery rallies expected.
Crude Oil Oct
Choppy with chances for mild recovery upticks. However, stiff support is seen at Rs 8600.
Natural Gas Oct
Recovery upticks may continue while prices stay above Rs 314.
Copper Oct
As long as prices stay above Rs 1350 positive bias are intact. Downside turnaround point is seen at Rs 1180.
Nickel Oct
Support is placed at Rs 1550, which if cleared would extend weakness.
ZincM Oct
Intraday volatility expected. Anyhow, broad outlook remains positive.
LeadM Oct
A direct drop below Rs 195 prices would liquidate further. If not, may see choppy trading for the day.
Alumini Oct
Choppy with mild positive bias expected. Major selloffs are seen only below at Rs 324.
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