Commodity Intraday Technical Outlook 12 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
While prices stay above $66 outlook remain positive.
Gold KG Jul
Pullback rallies initially expected. Anyhow stiff resistance is placed at Rs 98000.
Silver KG Jul
A direct break below Rs 105000 likely to extend corrective selling pressure.
Crude Oil Jun
As long as prices stay above Rs 5650 would see buying pressure to continue the day.
Natural Gas Jun
Choppy trading expected inside Rs 294-312 levels.
Copper Jun
If the support of Rs 868 remain hold, expect recovery upticks for the day.
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.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345










Tag News

Perspective on Gold Price Movement by Mr. NS Ramaswamy Head -Commodity desk and CRM - Ventura


