Commodity Intraday Technical Outlook 23 December 2024 - Geojit Financial Services Ltd
Gold LBMA Spot
Prices remain choppy and possibly trade below $2675 levels for the day.
Silver LBMA Spot
Expect to continue the weak momentum as long a prices stay below $30.
Crude Oil NYMEX
If the support of $69 remain hold, expect recovery upticks for the day.
Gold KG Feb
Further selloffs expected only below Rs 75500. If not, may see recovery rallies.
Silver KG Mar
If unable to break the resistance of Rs 90000 momentum remains on the weaker side.
Crude Oil Jan
Recovery rallies expected if prices hold the support of Rs 5850.
Natural Gas Dec
Recovery rallies may extend as long as prices stay above Rs 300.
Copper Dec
Immediate support is seen at Rs 790 which if hold expect recovery rallies today.
Nickel Dec
Prices remain choppy with nil volume.
ZincM Dec
Inability to break the support of Rs 280 there are chances of recovery rallies for the day.
LeadM Dec
While prices stay below Rs 180 intraday sentient mostly downbeat.
AluminiumM Dec
Further selloffs expected only below Rs 240. Inability to do it may see recovery rallies.
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