Commodity Intraday Technical Outlook 09 January 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Consistent trades above $2675 likely to extend rallies.
Silver LBMA Spot
Prices remain choppy with mild negative bias as long as it stays below $31.
Crude Oil NYMEX
Recovery upticks likely to extend while prices stay above $70.
Gold KG Feb
Recovery rallies likely to extend the day.
Silver KG Mar
Break above Rs 91500 may extend recovery upticks. Else, weak bias is on the cards.
Crude Oil Jan
Inability to move past Rs 6400 there are chances of corrective selloffs for the day.
Natural Gas Jan
Mild positive bias likely to continue while pric
Copper Jan
Further selloffs expected only a break of Rs 796. If not, may see recovery rallies.
Nickel Jan
Prices remain choppy with nil volume.
ZincM Jan
If unable to cross above Rs 278 there are chances of corrective selling.
LeadM Jan
While prices stay below Rs 180 intraday sentient mostly downbeat.
AluminiumM Jan
Inability to move past Rs 238 recovery upticks expected the day.
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