Commodity Intraday Technical Outlook 26 September 2024 - Geojit Financial Services Ltd
Gold LBMA Spot
Bullish outlook remain intact as long as prices stay above $2600. A direct drop below $2540 may see downside correction.
Silver LBMA Spot
While above $31.50 it may extend the positive outlook. Fall below $29.50 likely to dip further.
Crude Oil NYMEX
Inability to move past $72 there are chances of corrective selling pressure to continue the day.
Gold KG Oct
While above Rs 74500 likely to extend bullish outlook. Else, choppy trading expected the day.
Silver KG Dec
Expect the positive outlook would continue while prices places above Rs 90000.
Crude Oil Oct
A direct drop below Rs 5800 likely to extend weak bias for the day.
Natural Gas Oct
If unable to move past Rs 240 there are chances of corrective selling pressure for the day.
Copper Oct
Positive outlook may continue as long as Rs 826 remain undisturbed.
Nickel Oct
Expect choppy with thin volume trading in the near future.
ZincM Oct
If unable to break Rs 276 expect corrective selloffs for the day.
LeadM Oct
Direct drop below Rs 180 would trigger further liquidation pressure.
AluminiumM Oct
A direct rise above Rs 237 would extend positive outlook. Else, corrective selloffs are likely for the day.
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