Commodity Intraday Technical Outlook 12th November 2026 - Geojit Investments Ltd
Gold LBMA Spot
Broad trend remains choppy. Consistent trades above $4100 likely to extend rallies..
Silver LBMA Spot
While prices stay below $54 liquidation pressure may continue. Next support is seen at $44.
Crude NYMEX
While prices stay below $54 liquidation pressure may continue. Next support is seen at $44.
Gold KG Dec
Immediate support is seen at Rs 142000 which if holds expect recovery upticks
Silver KG Dec
Broad outlook remain on the weaker side. Immediate upside reversal point is placed at Rs 224000.
Crude oil Nov
A direct drop below Rs 8000 prices would liquidate further. If not, may see recovery rallies.
Natural Gas Nov
Stiff support is seen at Rs 300 which if hold expect recovery rallies.
Copper Nov
If prices stay above Rs 1350 positive bias are intact. Downside turnaround point is seen at Rs 1180.
Nickel Nov
Support is placed at Rs 1450, which if cleared would extend weakness.
Zinc M Nov
Intraday volatility expected. Anyhow, broad outlook remains positive.
Lead M Nov
A direct drop below Rs 195 prices would liquidate further. If not, may see choppy trading for the day.
Alumini Nov
Choppy with mild positive bias expected. Major selloffs are seen only below at Rs 316.
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Commodities Daily Insights 12th November 2026 by Axis Securities
