Daily Commodity Reports

Short term - Technical Outlook

Crude Oil Futures are trading around 9,159, recovering from the recent low near 8,700 but remaining below the crucial 9,500 resistance. The price has broken below the earlier rising channel structure, keeping the near-term setup cautious despite the recent rebound. 9,500 is the immediate resistance, followed by 10,000, while 8,400 remains the key support. A sustained move above 9,500 would improve the outlook and signal potential recovery toward 10,000, whereas a break below 8,400 would reinforce the bearish structure and extend the weakness.

 

Short term Research Report Call

Buy Above: 9,200 | Targets: 9,300, 9,400 | Stop-loss: 9,100

Sell Below: 9,000 | Targets: 8,900, 8,800 | Stop-loss: 9,100

Short term Chart

Short term - Technical Outlook

Gold Futures are trading around 150,841, with price remaining close to the key 150,000 support after a gradual decline from the recent 155,000–157,000 zone. The broader structure remains range-bound, while the failure to sustain above 155,000 resistance keeps the near-term bias cautious. On the downside, 150,000 is the immediate support, and a break below this level could open the way toward the next support at 146,000. On the upside, 155,000 remains the key resistance; a sustained breakout above this level would improve the technical setup and revive bullish momentum.

 

Short term Research Report Call

Buy Above: 152,000 | Targets: 153,000, 154,000 | Stop-loss: 151,000

Sell Below: 150,000 | Targets: 149,000, 148,000 | Stop-loss: 151,000

 

Short term Chart

Short term - Technical Outlook

Natural Gas Futures have surged to around 313.1, decisively breaking above the earlier 295 resistance and the upper boundary of the rising channel. The sharp upward move indicates strong bullish momentum, with 295 now emerging as the immediate support after the breakout. 320 is the next major resistance level visible on the chart. Sustained trading above 295 would keep the short-term bias firmly bullish, while a failure to hold this breakout zone could trigger a pullback toward the next support at 270.

 

Short term Research Report Call

Buy Above: 320 | Targets: 325, 330 | Stop-loss: 315

Sell Below: 310 | Targets: 305, 300 | Stop-loss: 315

Short term Chart

Short term - Technical Outlook

Silver Futures are trading around 233,905, showing a mild recovery from the recent decline but still remaining below the key 244,000 resistance. The price continues to consolidate within a broad range, with 230,000 acting as the immediate support. A sustained move above 244,000 would strengthen the bullish setup and could lead to a retest of the recent high near 250,000. However, a break below 230,000 would weaken the structure and shift the bias toward the next support at 215,000.

 

Short term Research Report Call

Buy Above: 236,000 | Targets: 238,000, 240,000 | Stop-loss: 234,000

Sell Below: 232,000 | Targets: 230,000, 228,000 | Stop-loss: 234,000

 

Short term Chart