Daily Commodity Reports

Short term - Technical Outlook

Crude Oil futures are currently trading near 8,277, showing a marginally negative candle after opening at 8,281 and holding within a tight range near the session high of 8,349. The prior session delivered a sharp and powerful green candle that surged from the 8,167 zone to the highs near 8,355, reclaiming the 8,244–8,300 resistance band decisively and reflecting strong underlying buyer conviction. The current candle reflects a brief consolidation following the sharp advance, with price holding near the upper end of the prior session's range and buyers maintaining control above the 8,244 support level.

The broader structure is firmly bullish on the higher timeframe, with all short-term moving averages now positioned well below current price following the sustained recovery from the 7,110 lows. The prior session's sharp green candle has established 8,244 as the new near-term support, and a sustained close above 8,430 would confirm a fresh breakout and open the path toward 8,475 and higher extension levels. The current tight-range consolidation following the advance is consistent with a healthy pause before continuation.

On the downside, immediate support lies near 8,244–8,167, followed by stronger structural demand at 8,053. A clear break below 8,245 would invite short-term corrective pressure toward 8,200 and lower, though the strength of the prior session's green candle and the current candle's tight consolidation above 8,244 firmly suggest buyers remain in control near term.

 

Short term Research Report Call

Buy Above: 8,430 | Targets: 8,475, 8,520 | Stop-loss: 8,385

Sell Below: 8,245 | Targets: 8,200, 8,155 | Stop-loss: 8,290

 

 

 

Short term - Technical Outlook

Gold futures are currently trading near 158,078, showing a mild positive candle after opening at 157,800 and edging toward the session high of 158,234. The prior session delivered an exceptionally sharp and powerful green candle that surged from the 154,390 zone to the highs near 158,234, representing a dramatic single-session advance that reclaimed multiple resistance levels and broke through the 155,198–157,664 supply zone with conviction. The current candle reflects continued positive momentum following the surge, with price consolidating near the upper end of the prior session's range and approaching the significant overhead supply at 159,064–159,825.

The broader structure is firmly and convincingly bullish, with all moving averages stacked well below current price and the sustained higher high and higher low pattern from the lows continuing to develop. The prior session's sharp advance has established 157,664 as the new near-term support, and a sustained close above 159,830 would confirm a fresh all-time breakout for the recent visible range and invite extension toward 161,330 and higher. The 157,664 zone is the critical near-term support that buyers must hold to maintain the current bullish momentum.

On the downside, immediate support lies near 157,664–156,830, followed by stronger structural demand at 154,940. A clear break below 157,660 would invite a short-term corrective move toward 156,160 and lower, though the extraordinary strength of the prior session's green candle and the current session's positive continuation firmly favour buyers on any dip toward the 157,664 support zone.

 

Short term Research Report Call

Buy Above: 159,830 | Targets: 161,330, 162,830 | Stop-loss: 158,330

Sell Below: 157,660 | Targets: 156,160, 154,660 | Stop-loss: 159,160

 

 

 

Short term - Technical Outlook

Natural Gas futures are currently trading near 270.8, showing a mild negative candle after opening at 271.2 and easing from the session high of 272.0. The prior sessions delivered a sharp recovery from the 262.5 zone, with a powerful green candle surging through the 268.6–272.6 resistance band and testing the highs near 274.5 before a slight pullback. The current candle reflects mild consolidation following the sharp advance, with price holding near the 270.8–272.6 zone and the ascending trendline visible on the chart providing dynamic support below current levels.

The broader structure has shifted meaningfully bullish following the sharp breakout from the 262.5–268.6 consolidation zone, with price now trading above all short-term moving averages and establishing a clear higher low structure. The overhead resistance at 272.6–274.5 represents the immediate supply zone, and a sustained close above 274.5 would confirm the breakout has momentum and invite continuation toward 276.5 and higher. The ascending trendline near 269–270 is the immediate dynamic support that buyers must defend to maintain the current bullish trajectory.

On the downside, immediate support lies near 269.4–267.7, followed by deeper structural demand at 262.5. A clear break below 269.5 and the ascending trendline would signal the breakout is failing and invite renewed selling pressure toward 267.5 and lower, though the strength of the prior session's surge and current candle's hold above 270.8 suggests buyers retain near-term momentum.

 

Short term Research Report Call

Buy Above: 274.5 | Targets: 276.5, 278.5 | Stop-loss: 272.5

Sell Below: 269.5 | Targets: 267.5, 265.5 | Stop-loss: 271.5

 

 

Short term - Technical Outlook

Silver Futures are currently trading near 236,780, showing a mild positive candle after opening at 235,989 and edging toward the session high of 237,298. The prior sessions saw a sharp V-shaped recovery from the lows near 230,500, with a dominant green candle surging through multiple resistance levels and reclaiming the 235,121–236,000 zone in a decisive move. The current candle reflects continued buyer momentum following the recovery, with price now testing the 236,780–237,950 resistance band and all short-term moving averages positioned below current price in a bullish alignment.

The broader structure has improved meaningfully following the sharp recovery from the recent lows, with the prior session's green candle reclaiming the key support zones and price now approaching the 237,950–238,740 overhead resistance. A sustained close above 238,740 would confirm the recovery has significant momentum and open the path toward 241,240 and higher, while a reversal and break below 236,000 would signal the recovery is stalling and invite corrective pressure toward 233,500 and the prior swing lows.

On the downside, immediate support lies near 236,000–235,121, followed by deeper structural demand at 232,320. A clear break below 236,000 would invite renewed selling pressure toward 233,500 and lower, though the current green candle and the sharp prior session recovery firmly suggest buyers are in control of the short-term structure above the 235,121–236,000 zone.

 

Short term Research Report Call

Buy Above: 238,740 | Targets: 241,240, 243,740 | Stop-loss: 236,240

Sell Below: 236,000 | Targets: 233,500, 231,000 | Stop-loss: 238,500