Daily Commodity Reports

Short term - Technical Outlook

Crude Oil Futures are trading near 8,847, with price remaining under pressure after breaking below the rising channel and the key 9,500 resistance level. The recent rebound from the 8,400 support zone has faced selling pressure, keeping the near-term structure weak. Immediate resistance is placed at 9,500, followed by 10,000, while 8,400 remains the key support, below which the next major support is at 7,700. Overall, the short-term bias remains bearish below 9,500, with recovery attempts likely to face resistance.

 

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 Futures are trading near 150,700, with price continuing to remain weak after failing to sustain above the 155,000 resistance level. The recent price action shows a series of lower highs, while the 150,000 support zone is being tested again. A sustained break below this level could increase selling pressure toward the next major support at 146,000. On the upside, 155,000 remains the key resistance, and a sustained move above it would be required to improve the near-term structure. Overall, the short-term bias remains bearish below 155,000.

 

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 are trading near 307.7, maintaining a strong bullish structure after breaking above the 295 resistance-turned-support zone and the rising trendline. The sharp upward move has pushed price toward the key 320 resistance, making this the immediate level to watch. Sustained trading above 295 keeps the broader short-term bias positive, while a break below this level could weaken the recent breakout and bring 270 into focus. Overall, the short-term bias remains bullish above 295, with further upside possible on a decisive breakout above 320.

 

Short term Research Report Call

Buy Above: 310 | Targets: 315, 320 | Stop-loss: 305

Sell Below: 300 | Targets: 295, 290 | Stop-loss: 305

Short term Chart

Short term - Technical Outlook

Silver Futures are trading near 235,000, with price showing consolidation after finding support around the 230,000 level. However, the broader short-term structure remains range-bound, with repeated rejection near the 244,000 resistance zone keeping upside capped. Immediate support is placed at 230,000, while a break below this level could weaken the structure further toward 215,000. On the upside, a sustained move above 244,000 would strengthen the momentum and open room toward the previous highs. Overall, the bias remains cautious while price stays below 244,000.

 

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