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2026-01-09 10:36:42 am | Source: Geojit Investments Ltd
Commodity Intraday Technical Outlook 09th January 2026 - Geojit Investments Ltd
Commodity Intraday Technical Outlook 09th January 2026 - Geojit Investments Ltd

Intraday Technical Outlook

Gold LBMA Spot

Outlook remains on the bullish side. Immediate reversal point is placed at $3900.

 

Silver LBMA Spot

While prices stay above $60 would extend bullish rallies.

 

Crude Oil NYMEX

Expect choppy trades inside $55-60 levels and either side breakout would suggest fresh directions.

 

Gold KG Feb

Choppy trades expected initially. Anyhow stiff support is seen at Rs 130000.

 

Silver KG Mar

Recovery rallies is on the cards initially. Major support is seen at Rs 190000.

 

Crude Oil Jan

Pullback rallies expected as long as stiff support of Rs 5000 remain undisturbed. Major resistance is seen at Rs 5500.

 

Natural Gas Jan

Stiff support is seen at Rs 300 which if remain hold expect recovery upticks. Else, weakness may continue.

 

Copper Jan

Bullish momentum may continue while the support of Rs 1220 hold downside.

 

Nickel Jan

Support is placed at Rs 1300, which if cleared would extend weakness.

 

ZincM Jan

Upticks likely to continue as long as prices stay above the support of Rs 300.

 

LeadM Jan

Break above Rs 185 may extend recovery upticks. Else choppy trads is on the cards.

 

Alumini Jan

Outlook remain on the positive side but volatility expected. Downside reversal point is at Rs 294.

 

 

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