Commodity Intraday Technical Outlook 12th October 2026 - Geojit Investments Ltd
Gold LBMA Spot
Broad trend remains choppy. Anyway, downside reversal expected only a break below $3800.
Silver LBMA Spot
A direct break below $60 likely to extend weak bias. If not, mild recovery upticks are on the cards.
Crude Oil NYMEX
Prices congested inside $87-97 levels initially. Breaking any of the sides would suggest fresh directions.
Gold KG Oct
A direct break below Rs 150000 likely to trigger selloffs. Else, mild recovery rallies expected.
Silver KG Dec
Break below the support of Rs 230000 would extend selling pressure. Else, recovery rallies expected.
Crude Oil Oct
Choppy with chances for mild recovery upticks. However, stiff support is seen at Rs 8600.
Natural Gas Oct
Expect a mild correction initially. However, broad trend remain positive while above Rs 300
Copper Oct
As long as prices stay above Rs 1350 positive bias are intact. Downside turnaround point is seen at Rs 1180
Nickel Oct
Support is placed at Rs 1450, which if cleared would extend weakness.
ZincM Oct
Intraday volatility expected. Anyhow, broad outlook remains positive.
LeadM Oct
A direct drop below Rs 195 prices would liquidate further. If not, may see choppy trading for the day.
Alumini Oct
Choppy with mild positive bias expected. Major selloffs are seen only below at Rs 324.
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