Commodity Intraday Technical Outlook 16 June 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Likely to continue bullish rallies while prices stay above $3400. Stiff support at $3280.
Silver LBMA Spot
Choppy trading expected inside the range of $37-34 levels.
Crude Oil NYMEX
While above $72 intraday outlook mostly bullish.
Gold KG Jul
Stiff support is seen at Rs 98500, which if holds expect rallies to continue.
Silver KG Jul
While prices stay above Rs 105000 it may continue rallies.
Crude Oil Jun
Gap up opening expected and may see prices to edge further higher initially.
Natural Gas Jun
Break above Rs 312 would extend rallies. Else, choppy trading is on the cards.
Copper Jun
Choppy trading expected initially. Break below Rs 872 would extend further weakness.
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 244 is needed to extend rallies. If not, may see corrective selling pressure for the day.
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