Commodity Intraday Technical Outlook 4th August 2026 - Geojit Investments Ltd
Gold LBMA Spot
As long as the support of $4000 remain undisturbed, expect mild recovery upticks.
Silver LBMA Spot
While below $60 weak bias may continue in the counter. Upside reversal point is placed at $70.
Crude Oil NYMEX
As long as prices stay above $68 expect mild recovery rallies for the day.
Gold KG Aug
Prices remains choppy with chances for mild recovery upticks.
Silver KG Sep
Choppy trading expected initially. However, upside turnaround point is seen at Rs 253000.
Crude Oil Aug
Choppy trading expected initially. Stiff support is seen at Rs 7850.
Natural Gas Aug
While prices stay below Rs 272 would extend selling pressure. Else mild recovery upticks expected.
Copper Aug
As long as prices stay above Rs 1300 expect to extend the positive outlook. Downside turnaround point is seen at Rs 1180.
Nickel Aug
Support is placed at Rs 1550, which if cleared would extend weakness.
ZincM Aug
Positive outlook expected to continue. Anyhow, stiff resistance is seen at Rs 390.
LeadM Aug
A direct drop below Rs 195 prices would liquidate further. If not, may see choppy trading for the day.
Alumini Aug
Prices remain choppy initially. However, major selloffs are seen only below at Rs 324.
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