Commodity Intraday Technical Outlook 23rd October 2026 - Geojit Investments Ltd
Gold LBMA Spot
Broad trend remains choppy. Anyway, downside reversal expected only a break below $3800.
Silver LBMA Spot
While prices stay below $60 expect broad weakness in the counter. Next support is seen at $48.
Crude Oil NYMEX
Prices remain congested inside $90-99 levels and breaking any of the sides would suggest fresh directions
Gold KG Dec
Expect weak bias to continue while prices stay below Rs 142000. A direct rise above Rs 148000 could negate the view.
Silver KG Dec
As long as prices stay below Rs 212000 it may liquidate further. Immediate upside reversal point is placed at Rs 224000.
Crude Oil Nov
While above Rs 9200 likely to continue buying momentum. If not, choppy trades expected the day.
Natural Gas Oct
Why prices stay below Rs 282, intraday momentum mostly on the weaker side.
Copper Oct
If prices stay above Rs 1350 positive bias are intact. Downside turnaround point is seen at Rs 1180.
Nickel Oct
Support is placed at Rs 1450, which if cleared would extend weakness.
ZincM Oct
Intraday volatility expected. Anyhow, broad outlook remains positive.
LeadM Oct
A direct drop below Rs 195 prices would liquidate further. If not, may see choppy trading for the day
Alumini Oct
Choppy with mild positive bias expected. Major selloffs are seen only below at Rs 316.
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