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2025-01-17 10:52:12 am | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 17 January 2025 - Geojit Financial Services Ltd

Intraday Technical Outlook

Gold LBMA Spot

Break above the stiff resistance of $2700 it would extend rallies. Else, corrective downside expected.

Silver LBMA Spot

Recovery rallies expected initially but stiff resistance is placed at $31.50.

Crude Oil NYMEX

Outlook remain firm but to extend further rallies there is a stiff resistance is placed at $80.

Gold KG Feb

While prices stay above Rs 78000, there are chances of recovery rallies may continue the day.

Silver KG Mar

A direct rise above Rs 93200 may see extension of rallies. If not, may see weakness for the day.

Crude Oil Jan

Choppy trades inside Rs 6650-6900 levels expected the day.

Natural Gas Jan

A direct break above Rs 360 would extend rallies.

Copper Jan

Break above Rs 840 would extension of rallies. Else, choppy trades expected the day.

Nickel Jan

Prices remain choppy with nil volume.

ZincM Jan

Further rallies seen only above Rs 278. It not, may see choppy trading for the day.

LeadM Jan

While prices stay below Rs 180 intraday sentient mostly downbeat.

AluminiumM Jan

While prices stay above Rs 248 momentum remain positive and expect to extend rallies.

 

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