Commodity Intraday Technical Outlook 11 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 continue rallies
Crude Oil NYMEX
Break below the support of $64 may correct prices lower. Else, recovery rallies 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 105000 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
A direct break below Rs 310 likely to further weaken the sentiments.
Copper Jun
Choppy trading expected initially. Break below Rs 872 would extend further weakness.
Nickel Jun
Prices remain choppy with nil volume.
ZincM Jun
Break below Rs 250 may extend weakness. Else, recovery rallies expected.
LeadM Jun
Prices remain congested inside Rs 178-181 levels. Any of the sides breakout would suggest fresh directions.
AluminiumM Jun
Break above Rs 242 further rallies would seen. Else, selling pressure is on the cards.
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Quote on Gold 12 June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, ...


