Commodity Intraday Technical Outlook 18 June 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Likely to continue bullish rallies if prices stay above $3400. Stiff support at $3280.
Silver LBMA Spot
Choppy trading expected inside the range of $38-34 levels.
Crude Oil NYMEX
While above $72 intraday outlook mostly bullish.
Gold KG Jul
Stiff support is seen at Rs 98200, which if holds expect rallies to continue.
Silver KG Jul
Break above Rs 109000 would trigger another round of bullish rallies. Else, prices mostly choppy.
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
While prices stay above Rs 244 would extend rallies.
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