Commodity Intraday Technical Outlook 10 September 2024 - Geojit Financial Services Ltd
Gold LBMA Spot
It is required to break above $2530 to extend rallies. Else, choppy trades expected the day.
Silver LBMA Spot
Inability to move past $30 prices remain choppy with mild negative bias.
Crude Oil NYMEX
Choppy with mild negative bias expected as long as prices stay below $70.
Gold KG Oct
While the support of Rs 71000 remain hold downside, there are chances of mild recovery upticks for the day.
Silver KG Dec
Choppy trades may see initially. Anyhow further selloffs expected only below Rs 82000.
Crude Oil Sep
If unable to break the support of Rs 5700 there are chances of recovery upticks for the day.
Natural Gas Sep
Weak bias may continue while prices stay below Rs 180.
Copper Sep
Rangebound trades inside Rs 810-770 expected the day.
Nickel Sep
Expect choppy with thin volume trading in the near future.
ZincM Sep
If unable to break the support of Rs 250 recovery rallies are on the cards.
LeadM Sep
Choppy trades remains on the cards. Further major selling pressure is seen only below Rs 182.
AluminiumM Sep
Recovery rallies may extend as long as the support of Rs 218 remain undisturbed.
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