Commodity Intraday Technical Outlook 29th May 2026 - Geojit Investments Ltd
Gold LBMA Spot
Immediate trend remains choppy and expect to trade inside $4900-4200 levels in the near future.
Silver LBMA Spot
Inability to break above the resistance of $80 it may trade choppy with mild negative bias.
Crude Oil NYMEX
Broad outlook remain positive but intraday momentum mostly choppy. Stiff support is placed at $88.
Gold KG Jun
Inability to move past Rs 155000 expect choppy with mild negative sentiments.
Silver KG Jun
Inability to move past Rs 285000, there are chance sof corrective selling pressure.
Crude Oil Jun
Consistent trades below Rs 8500 likely to extend liquidation pressure. Else, recovery rallies expected.
Natural Gas Jun
Upticks likely to continue initially. However, break below Rs 265 is a sign of corrective selloffs.
Copper Jun
While prices stay above Rs 1300 outlook remains positive. Stiff support is placed at Rs 1292.
Nickel Jun
Support is placed at Rs 1780, which if cleared would extend weakness.
ZincM Jun
As long as prices stay above Rs 360 bullish sentiments in cards.
LeadM Jun
Expect choppy trading but major support is placed at Rs 188.
Alumini Jun
Outlook still on the positive side. Stiff support is seen at Rs 380.
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