Commodity Intraday Technical Outlook 10 January 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Consistent trades above $2675 likely to extend upticks.
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
Upticks likely to continue the day but stiff resistance is seen at Rs 78400.
Silver KG Mar
Break above Rs 92500 may extend recovery upticks. Else, choppy trades expected the day.
Crude Oil Jan
Initial bias mostly choppy, but a direct drop below Rs 6300 would extend weakness.
Natural Gas Jan
Mild positive bias likely to continue while prices stay above Rs 306.
Copper Jan
Break above Rs 825 would extend rallies. Else, corrective selloffs expected the day.
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
As long as the support of Rs 238 remain undisturbed, expect recovery upticks would continue the day.
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