13-06-2024 09:32 AM | Source: Geojit Financial Services
Commodity Intraday Technical Outlook 13 June 2024 - Geojit Financial Services Ltd

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Gold LBMA Spot

Intraday bias mostly choppy with mild negative. Anyhow, stiff support is placed at $2284.

Silver LBMA Spot

Downbeat sentiment likely for the day. A direct break below $29 likely to trigger another round of selling pressure.

Crude Oil NYMEX

If unable to move past $79 expect weak momentum for the day.

Gold KG Aug

Any trades below Rs 71200 would extend selling pressure.

Silver KG Jul

Negative bias remain on the cards. Consistent trades below Rs 88000 would see further selling pressure.

Crude Oil Jun

Downbeat sentiment is on cards while prices are unable to break above Rs 6600.

Natural Gas Jun

It is required to break above Rs 258 to extend rallies. Else, weakness is on the cards.

Copper Jun

As long as Rs 850 hold downside, expect choppy with recovery upticks for the day.

Nickel Jun

Expect choppy with thin volume trading in the near future.

Zinc Jun

Choppy trades ahead but a direct drop below Rs 250 would trigger further weakness.

Lead Jun

Expect choppy with negative bias trading while prices places below Rs 192.

Aluminium Jun

Break below Rs 233 may see another round of liquidation. Else, recovery upticks expected the day.

 

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