Daily Commodity Reports

Short term - Technical Outlook

Crude Oil futures are trading near 9,760, maintaining the broader ascending channel structure after recovering from the recent pullback. Price is currently holding above the marked 9,500 support, keeping the near-term bias bullish, although it remains below the key 10,200 resistance. A sustained breakout above 10,200 could strengthen the uptrend and open the way toward the upper channel area near 10,400, while a break below 9,500 would weaken the setup and threaten the rising trendline support.

 

Short term Research Report Call

Buy Above: 9,900 | Targets: 10,000, 10,100 | Stop-loss: 9,800

Sell Below: 9,700 | Targets: 9,600, 9,500 | Stop-loss: 9,800

Short term Chart

Short term - Technical Outlook

Gold futures are trading near 153,048, showing a modest recovery after holding the 150,000 support. However, the price remains below the key 156,000 resistance, while the earlier sharp decline from the 164,000 area continues to keep the broader structure cautious. The immediate bias is range-bound to mildly bullish above 150,000. A decisive breakout above 156,000 would improve the technical structure, whereas a sustained break below 150,000 could expose the next major support at 146,000.

 

Short term Research Report Call

Buy Above: 153,000 | Targets: 154,000, 155,000 | Stop-loss: 152,000

Sell Below: 152,000 | Targets: 151,000, 150,000 | Stop-loss: 153,000

 

Short term Chart

Short term - Technical Outlook

Natural Gas futures are trading near 278.7, consolidating below the important 285 resistance after recovering from the rising trendline and 265 support zone. The chart continues to show a higher-low structure, keeping the short-term bias mildly bullish, but repeated rejection near 285 indicates strong supply at higher levels. A decisive breakout above 285 could strengthen the upside momentum toward the upper rising trendline, while a break below 272 would weaken the setup and expose 265.

 

Short term Research Report Call

Buy Above: 280 | Targets: 285, 290 | Stop-loss: 275

Sell Below: 270 | Targets: 265, 260 | Stop-loss: 275

Short term Chart

Short term - Technical Outlook

Silver futures are trading near 238,195, recovering strongly from the recent decline toward the 230,000 support. The price is now back above the key support and is attempting to rebuild upward momentum, but the broader range remains intact with 248,000 acting as the major resistance. The near-term bias is mildly bullish above 230,000, with a sustained move above 248,000 required for a stronger upside breakout. A break below 230,000 would weaken the structure and shift the bias bearish toward 215,000.

 

Short term Research Report Call

Buy Above: 240,000 | Targets: 242,000, 244,000 | Stop-loss: 238,000

Sell Below: 236,000 | Targets: 234,000, 232,000 | Stop-loss: 238,000

 

Short term Chart