Commodity Intraday Technical Outlook 18 February 2025 - Geojit Financial Services Ltd

Intraday Technical Outlook
Gold LBMA Spot
Broad sentiment remain bullish but immediately there are chances of choppy trading.
Silver LBMA Spot
Consistent trades above $32.50 may extend rallies. Else, corrective selloffs expected.
Crude Oil NYMEX
As long as $70 hold downside, expect recovery rallies. Else, weak bias is on the cards.
Gold KG Apr
A direct break below Rs 84000 may extend mild weakness. Else, recovery rallies are on the cards.
Silver KG Mar
Consistent trades above Rs 95500 would extend rallies. Else, choppy trading expected.
Crude Oil Feb
As long as Rs 6100 hold downside, there are chances of recovery rallies.
Natural Gas Feb
Break below Rs 310 weak bias expected the day.
Copper Feb
Range bound trading inside Rs 850-870 is expected the day.
Nickel Feb
Prices remain choppy with nil volume.
ZincM Feb
A direct drop below Rs 262 may weaken the sentiment further.
LeadM Feb
While prices stay below Rs 190 sentient mostly downbeat.
AluminiumM Feb
As long as Rs 254 remain hold, upticks likely to continue for the day.
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