Daily Commodity Reports

Short term - Technical Outlook

Crude Oil is trading around 8,930 and remains bearish after failing to sustain above the 9,500 resistance and subsequently breaking down from the rising channel structure. The immediate resistance is now placed at 9,500, followed by 10,000, while 8,400 remains the key immediate support. A sustained break below 8,400 could open the way toward the next support at 7,700. The short-term bias remains bearish unless price reclaims 9,500.

 

Short term Research Report Call

Buy Above: 9,000 | Targets: 9,100, 9,200 | Stop-loss: 8,900

Sell Below: 8,800 | Targets: 8,700, 8,600 | Stop-loss: 8,900

Short term Chart

Short term - Technical Outlook

Gold is trading around 146,513 and has turned sharply bearish after breaking below the key 150,000 support zone. The price is now hovering just above 146,000, which is the immediate support, while a sustained break below this level could extend the decline toward the next support at 142,000. On the upside, 150,000 has now turned into immediate resistance, followed by 155,000. The overall short-term bias remains bearish as price continues to trade below the previous consolidation range.

 

Short term Research Report Call

Buy Above: 148,000 | Targets: 149,000, 150,000 | Stop-loss: 147,000

Sell Below: 146,000 | Targets: 145,000, 144,000 | Stop-loss: 147,000

 

Short term Chart

Short term - Technical Outlook

Natural Gas is trading around 299.7 after a strong breakout from the rising channel and above the 295 resistance, which has now turned into immediate support. The price is consolidating near the 300 level after the sharp rally, while 320 remains the next major resistance. A sustained hold above 295 would keep the short-term structure bullish, whereas a break below 295 could trigger a deeper correction toward 270. Overall bias remains bullish above 295.

 

Short term Research Report Call

Buy Above: 300 | Targets: 305, 310 | Stop-loss: 295

Sell Below: 290 | Targets: 285, 280 | Stop-loss: 295

Short term Chart

Short term - Technical Outlook

Silver is trading around 227,390 and remains under pressure after a sharp decline from the 240,000 zone. The price is currently testing the immediate support at 225,000, while a decisive break below this level could accelerate the downside toward the next major support at 215,000. On the upside, 235,000 is the immediate resistance, followed by 245,000. The short-term structure remains bearish to cautious as long as Silver stays below 235,000.

 

Short term Research Report Call

Buy Above: 229,000 | Targets: 231,000, 233,000 | Stop-loss: 227,000

Sell Below: 225,000 | Targets: 223,000, 221,000 | Stop-loss: 227,000

 

Short term Chart