Commodity Intraday Technical Outlook 25 November 2024 - Geojit Financial Services Ltd
Gold LBMA Spot
Prices remain choppy initially. Consistent trades above $2950 would extend rallies.
Silver LBMA Spot
If unable to cross above $31.50 there are chances of corrective selling pressure for the day.
Crude Oil NYMEX
Choppy with corrective selloffs are expected as long as $72 caps upside.
Gold KG Dec
Choppy with mild positive expected as long as the support of Rs 76000 hold downside.
Silver KG Dec
Choppy trades remains on the cards. Break below Rs 88000 would extend weakness.
Crude Oil Dec
While prices stay above Rs 6000 there are chances of recovery rallies to extend the day.
Natural Gas Nov
As long as Rs 260 holds expect bullish rallies to extend the day.
Copper Nov
Inability to move past Rs 815 there are chances of corrective selling pressure.
Nickel Nov
Nil volume trades expected.
ZincM Dec
Break above Rs 282 it would extend recovery rallies. Else, corrective selloffs is likely.
LeadM Dec
Mild recovery rallies expected as long as the support of Rs 178 hold downside.
AluminiumM Nov
A direct break above Rs 248 would trigger fresh bullish waves. If not may see corrective selloffs.
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