Commodity Intraday Technical Outlook 24 January 2025 - Geojit Financial Services Ltd
Intraday Technical Outlook
Gold LBMA Spot
Intraday outlook remain positive while above $2700.
Silver LBMA Spot
Outlook remain choppy with mild recovery upticks. Anyway stiff resistance is placed at $31.50
Crude Oil NYMEX
Outlook remain choppy initially. Further rallies expected only above $80.
Gold KG Feb
Recovery rallies likely to continue the day.
Silver KG Mar
Sustained trades above Rs 93200 is required to extend rallies. If not, may see weakness for the day.
Crude Oil Feb
Inability to move past Rs 6600 there are chances of corrective selling pressure.
Natural Gas Jan
Intraday outlook mostly positive while prices stay above Rs 330.
Copper Jan
As long as Rs 830 hold downside, there are chances of recovery rallies.
Nickel Jan
Prices remain choppy with nil volume.
ZincM Jan
Further rallies seen only above Rs 278. It not, may see choppy trading for the day.
LeadM Jan
While prices stay below Rs 180 intraday sentient mostly downbeat.
AluminiumM Jan
If unable to break the intraday support of Rs 250, expect recovery rallies for the day.
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