Commodity Intraday Technical Outlook 19 May 2025 - Geojit Financial Services Ltd
Gold LBMA Spot
Choppy trading may be seen initially. Anyhow, broad outlook remain bullish.
Silver LBMA Spot
Prices remain congested in a tight range initially. It is required to break above $33 to trigger fresh rallies.
Crude Oil NYMEX
Inability to move past $62.50 intraday outlook remain the weaker side.
Gold KG Jun
Consistent trades above Rs 93500 may see extension of rallies. Else, prices remain choppy.
Silver KG May
Break below Rs 93000 may extend weakens. Else, recovery rallies expected the day
Crude Oil May
Break above Rs 5360 may see extension of rallies. Else, choppy trading is on the cards.
Natural Gas May
A direct break below Rs 295 may extend selloffs. Else, recovery rallies expected the day.
Copper May
Break above Rs 865 may see prices to move further higher. Else, choppy trading is expected.
Nickel May
Prices remain choppy with nil volume
ZincM May
As long as Rs 248 remain undisturbed expect recovery rallies for the day.
LeadM May
Prices most likely congested inside Rs 178-181 levels.
AluminiumM May
Inability to break the support of Rs 235 there are chances of recovery upticks.
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