Commodity Intraday Technical Outlook 09 June 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Choppy trading initially expected. Anyhow, broad outlook remain bullish.
Silver LBMA Spot
While prices stay above $35 would trigger another round of rallies.
Crude Oil NYMEX
Key resistance is placed at $65 which if cleared would continue rallies. Else, choppy trading expected.
Gold KG Jul
Consistent trades above Rs 98000 would extend rallies. Else, corrective selloffs are on the cards.
Silver KG Jul
While prices stay above Rs 98000 it may continue rallies.
Crude Oil Jun
As long as prices stay above Rs 5500 would see buying pressure to continue the day.
Natural Gas Jun
Break above Rs 330 may extend rallies. If not likely to correct prices lower.
Copper Jun
Choppy trading expected initially. If unable to break Rs 872 there are potential upside.
Nickel Jun
Prices remain choppy with nil volume
ZincM Jun
Break above Rs 255 may extend rallies. Else, corrective selling pressure is likely.
LeadM Jun
Prices remain congested inside Rs 178-181 levels. Any of the sides breakout would suggest fresh directions.
AluminiumM Jun
Stiff resistance above Rs 242 may see prices to edge higher. Anyhow stiff support is placed at Rs 235.
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