Commodity Intraday Technical Outlook 12 February 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Broad sentiments remain bullish and expect to continue the momentum.
Silver LBMA Spot
Further rallies expected only above $32.50. Else, choppy trades are on the cards.
Crude Oil NYMEX
A direct drop below $70 extend weakness. Else, recovery rallies expected.
Gold KG Apr
As long as the support of Rs 84000 remain hold downside, expect positive bias to continue the day.
Silver KG Mar
Intraday bias mostly choppy. Anyhow, a direct rise above Rs 94500 would extend rallies.
Crude Oil Feb
A direct rise above Rs 6400 would extend rallies. Else, corrective selloffs expected.
Natural Gas Feb
Outlook remain positive and expect to continue the day while prices stay above Rs 295.
Copper Feb
If unable to move past Rs 865 intraday momentum mostly choppy.
Nickel Feb
Prices remain choppy with nil volume
ZincM Feb
While above Rs 270 upbeat sentiment likely to continue the day.
LeadM Feb
While prices stay below Rs 190 sentient mostly downbeat.
AluminiumM Feb
Inability to move past Rs 258 choppy with corrective selloffs expected.
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