Commodity Intraday Technical Outlook 20 February 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Broad sentiment remain bullish and expect to continue the momentum.
Silver LBMA Spot
Consistent trades above $32.50 may extend rallies. Else, corrective selloffs expected.
Crude Oil NYMEX
If the support of $72 remain undisturbed expect recovery rallies.
Gold KG Apr
While above Rs 85500 would extend the buying momentum.
Silver KG Mar
While prices stay above Rs 95500 would extend rallies. Else, choppy trading expected.
Crude Oil Mar
A direct break above Rs 6250 likely to continue upticks.
Natural Gas Feb
Choppy with mild positive 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
While prices stay above Rs 258 likely to extend recovery rallies.
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