Commodity Intraday Technical Outlook 13 May 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
A direct drop below $3200 likely to extend corrective selloffs. Else, recovery upticks may be seen today.
Silver LBMA Spot
Choppy trading expected initially. It is required to break above $33 to trigger fresh rallies.
Crude Oil NYMEX
While prices stay above $60 it may extend rallies. Further selloffs expected only if prices stay below $56.
Gold KG Jun Break
below Rs 92400 would extend correction but broad sentiments remain positive.
Silver KG May
Initial upticks are likely but a direct break of Rs 99000 would see major rallies.
Crude Oil May
Recovery rallies would continue the day. Further selloffs are seen if prices breaks Rs 4950.
Natural Gas May
Consistent trades above Rs 327 would lift prices further higher. Else, choppy trading expected.
Copper May
Inability to break above Rs 860 would see corrective selloffs. Else, recovery rallies expected.
Nickel May
Prices remain choppy with nil volume.
ZincM May
As long as Rs 248 remain undisturbed expect recovery rallies for the day.
LeadM May
Prices most likely congested inside Rs 174-178 levels.
AluminiumM May
Sustained trades above Rs 236 likely to extend recovery upticks.
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