Short term - Technical Outlook
Copper has technically given a breakout from its descending channel in the last session. It opened with a gap and ended at 801.65, up by 1.06%. Further momentum can be expected above 804, while a decline below 800 may lead to an intraday fall. A retesting of the 795 range is also possible.
Short term Research Report Call
Buy above 804 with targets of 808, 811, and 814; stop loss at 800.
Sell below 800 with targets of 797, 794, and 792; stop loss at 804.
Short term Chart

Short term - Technical Outlook
In the 1-hour chart, crude oil has formed a double-bottom pattern and is currently trading near the neckline, which may act as a support zone. Technically, momentum is possible above 5,980, while a break below 5,960 could lead to an intraday fall towards the 5,930 range. Brent crude is trading at 73.62, up by 0.28%.
Short term Research Report Call
Buy above 5,975 with targets at 6,010, 6,045, and 6,070; stop loss at 5,960.
Sell below 5,960 with targets at 5,920, 5,900, and 5,850; stop loss at 5,990.
Short term Chart

Short term - Technical Outlook
In a broader time frame, gold is currently trading after breaking an ascending channel. In a shorter time frame, gold has formed a symmetrical triangle, as shown in the picture. A momentum above 76,600 could lead to an uptrend towards 77,000, while a move below 76,000 might result in a fall towards 75,500.
Short term Research Report Call
Buy above 76,600 with targets of 77,000 and 77,900; stop loss at 76,300.
Sell below 76,000 with targets of 75,500 and 75,150; stop loss at 76,300.
Short term Chart

Short term - Technical Outlook
Natural gas is currently trading in an ascending channel, forming higher highs and higher lows. The last session ended at 334.1. A momentum breakout above 341 could lead to the 358 range, while a breakdown below 321 might result in a decline.
Short term Research Report Call
Buy above 341: target 348, 358, stop-loss 336
Sell below 321: target 313, 304, stop-loss 326
Short term Chart

Short term - Technical Outlook
Silver is trading in a descending channel and is attempting a breakout above 89,600, which could push it towards 91,000. Conversely, a fall below 88,700 could lead to a decline towards 87,250.
Short term Research Report Call
Buy above 89,600 with targets of 90,200, 90,900, and 91,600; stop loss at 89,200.
Sell below 88,700 with targets of 88,200, 87,300, and 86,600; stop loss at 89,000.
Short term Chart

Short term - Technical Outlook
Zinc has also formed a descending channel, with the last session ending down by 0.70% at 277.15. If it breaks below 276.5, it could take support from its descending channel line. Above 278, we can expect slight intraday momentum. Traders are advised to take positions only after closely monitoring the price momentum.
Short term Research Report Call
Buy above 278 targets 278.7, 279.6, 281 with SL 277.
Sell below 276.5 targets 275.25, 273.7, 272 with SL 277.5.
Short term Chart