Commodity Intraday Technical Outlook 17 September 2024 - Geojit Financial Services Ltd
Gold LBMA Spot
Break above the resistance of $2600 would extend rallies. Else, corrective selloffs expected the day
Silver LBMA Spot
It is required breaking above $31 to see further rallies. Otherwise, choppy trading expected the day.
Crude Oil NYMEX
If unable to break above $71 there are chances of corrective selling pressure.
Gold KG Oct
Bullish outlook remains on the cards while prices stay above Rs 73000.
Silver KG Dec
If unable to sustain above Rs 90000 there are chances of corrective selling pressure for the day.
Crude Oil Sep
Sustained trades above Rs 5900 likely to extend recovery upticks.
Natural Gas Sep
Break above Rs 200 would see another round of fresh rallies.
Copper Sep
Rangebound trades inside Rs 818-792 levels expected the day.
Nickel Sep
Expect choppy with thin volume trading in the near future.
ZincM Sep
Mild upticks expected while prices stay above Rs 260.
LeadM Sep
Break above Rs 186 is needed to extend rallies. Else, corrective selloffs expected.
AluminiumM Sep
Recovery rallies likely to extend while prices stay above Rs 230.
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