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2026-01-23 11:52:49 am | Source: Geojit Investments Ltd
Commodity Intraday Technical Outlook 23rd January 2026 - Geojit Investments Ltd
Commodity Intraday Technical Outlook 23rd January 2026 - Geojit Investments Ltd

Intraday Technical Outlook

Gold LBMA

Outlook remains on the bullish side. Immediate reversal point is placed at $3900.

 

Silver LBMA Spot 

While prices stay above $80 would extend bullish rallies.

 

Crude Oil NYMEX 

Recovery rallies expected as long as the support of $55 hold downside.

 

Gold KG Feb

Expect to extend the bullish rallies. Anyhow stiff support is seen at Rs 130000.

 

Silver KG Mar

Bullish rallies would continue initially. Major support is seen at Rs 220000

 

Crude Oil Feb

Choppy trading expected mostly inside Rs 5650-5300 levels and either side breakout would suggest fresh directions.

 

Natural Gas Jan 

Inability to break above Rs 480 intraday bias mostly choppy with mild weakness.

 

Copper Jan 

Bullish momentum may continue while the support of Rs 1220 hold downside.

 

Nickel Jan 

Support is placed at Rs 1300, which if cleared would extend weakness.

 

ZincM Jan 

Upticks likely to continue as long as prices stay above the support of Rs 300.

 

LeadM Jan

Expect choppy trading but major support is placed at Rs 185.

 

Alumini Jan 

Outlook remain on the bullish and expect to continue the rallies. Stiff support is seen at Rs 298.

 

 

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