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2025-06-17 09:10:09 am | Source: Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 17 June 2025 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 17 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

Break above Rs 6400 may continue rallies. If not, likely to correct prices lower.

 

Natural Gas Jun

While above Rs 312 positive outlook may continue. Stiff support is seen at Rs 298.

 

Copper Jun

Choppy trading expected initially. Break below Rs 872 would extend further weakness.

 

Nickel Jun

Prices remain choppy with nil volume.

 

ZincM Jun

If the support of Rs 250 remains holds expect recovery upticks for the day

 

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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