Commodity Intraday Technical Outlook 18 September 2024 - Geojit Financial Services Ltd
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Gold LBMA Spot
Break above the resistance of $2600 would extend rallies. Else, corrective selloffs expected the day.
Silver LBMA Spot
It is required to break above $31 for 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
Outlook remains bullish but it required to break Rs 73700 for major rallies.
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 6000 likely to extend recovery upticks.
Natural Gas Sep
Break above Rs 200 would see another round of fresh rallies. Else, corrective selling pressure is on the cards
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
A direct rise above Rs 272 would extend rallies. Else, corrective selling is expected.
LeadM Sep
Break above Rs 186 is needed to extend rallies. Else, corrective selloffs expected.
AluminiumM Sep
Break above Rs 233 expect fresh upside momentum. Else, weak bias is expected.
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