Commodity Intraday Technical Outlook 24st August 2026 - Geojit Investments Ltd
Gold LBMA Spot
Outlook remains mild positive as long as prices stay above of $4000.
Silver LBMA Spot
As long as prices stay above $60 likely to extend upticks
Crude Oil NYMEX
Broad outlook remains mild positive as long as prices stay above $80.
Gold KG Aug
Prices remains choppy with initially. Stiff downside support is placed at Rs 148000.
Silver KG Sep
Choppy with mild selling pressure expected initially. However, upside turnaround point is seen at Rs 253000
Crude Oil Aug
Rangebound with mild positive bias expected as prices hold the support of Rs 7700.
Natural Gas Aug
Stiff resistance above Rs 270 likely to extend rallies. Major support is placed at Rs 248.
Copper Aug
As long as prices stay above Rs 1300 positive bias are intact. Downside turnaround point is seen at Rs 1180.
Nickel Aug
Support is placed at Rs 1550, which if cleared would extend weakness.
ZincM Aug
As long as prices stay above Rs 390 it may extend rallies. Stiff support is placed at Rs 372.
LeadM Aug
A direct drop below Rs 195 prices would liquidate further. If not, may see choppy trading for the day.
Alumini Aug
Choppy with mild positive bias expected. Major selloffs are seen only below at Rs 324.
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