Commodity Intraday Technical Outlook 18th May 2026 - Geojit Investments Ltd
Gold LBMA Spot
Broad outlook remains choppy and expect to trade inside $4900-4200 levels in the near future.
Silver LBMA Spot
Inability to move past the immediate resistance of $80 it may trade choppy with mild negative bias.
Crude Oil NYMEX
Intraday momentum mostly positive and upticks may continue. Anyhow, stiff support is placed at $88.
Gold KG Jun
Inability to move past Rs 155000 expect choppy with mild negative sentiments.
Silver KG Jul
Choppy with mild corrective selloffs expected the day.
Crude Oil May
Bullish momentum likely to continue. Unexpected drop below Rs 8500 would weaken the sentiments.
Natural Gas May
Intraday outlook remains positive. However, break below Rs 265 may extend weakness.
Copper May
While prices stay above Rs 1300 outlook remains positive. Stiff support is placed at Rs 1292.
Nickel May
Support is placed at Rs 1720, which if cleared would extend weakness.
ZincM May
As long as prices stay above Rs 350 outlook remain on the bullish side.
LeadM May
Expect choppy trading but major support is placed at Rs 188.
Alumini May
Choppy with mild positive bias expected. Stiff support is seen at Rs 360.
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