Daily Commodity Reports

Short term - Technical Outlook

Crude Oil futures are currently trading near 7,880, showing a mild positive candle after opening at 7,816 and edging toward the session high of 7,880. The prior sessions delivered a recovery from the lows near 7,390 toward the highs near 8,060 before a corrective pullback brought price back toward the current 7,810–7,900 zone. The current green candle reflects renewed buyer interest following the pullback, with price attempting to stabilize above the 7,812 support level and build momentum for another attempt at the overhead resistance.

The broader structure remains constructive within a recovery phase, with price holding above the 7,710–7,812 support band and the ascending trendline from the recent lows continuing to provide dynamic support. The overhead resistance at 8,002–8,100 has capped the prior recovery attempt, and a sustained close above 8,100 would confirm the recovery has reasserted and invite upside toward 8,145 and higher. A break below 7,810 would signal the recovery is stalling and expose the 7,765 zone and lower structural demand.

On the downside, immediate support lies near 7,812–7,708, followed by deeper structural demand at 7,560. A clear break below 7,810 would invite renewed selling pressure toward 7,765 and lower, though the current green candle and ascending trendline support suggest buyers are making a short-term stand near the 7,812–7,880 zone.

 

Short term Research Report Call

Buy Above: 8,100 | Targets: 8,145, 8,190 | Stop-loss: 8,055

Sell Below: 7,810 | Targets: 7,765, 7,720 | Stop-loss: 7,855

 

 

 

Short term - Technical Outlook

Gold futures are currently trading near 154,540, showing a marginally negative candle after opening at 154,620 and holding within a tight range near the session high of 154,950. The prior sessions saw price pull back from the highs near 155,516 toward the 153,381–154,215 support zone before recovering toward the current level near 154,540. The current candle reflects continued consolidation within the 154,215–155,615 band, with price oscillating in a tight range as buyers and sellers reach short-term equilibrium following the extended rally from the lows.

The broader structure remains firmly bullish, with price continuing to trade well above all prior resistance levels and the overall candle structure preserving the higher high and higher low pattern from the lows. The current consolidation near 154,215–155,615 reflects a healthy pause following the sharp rally, and a sustained close above 156,380 would signal the consolidation has resolved in favour of buyers and invite continuation toward 157,880 and higher. A breakdown below 154,220 would invite corrective pressure toward 152,720 and the 153,380 structural support, though the dominant bullish structure firmly favours buyers on any dip.

On the downside, immediate support lies near 154,215–153,381, followed by stronger structural demand at 152,286. A clear break below 154,220 would invite a short-term corrective move toward 152,720 and lower, though the prior session's recovery from the lows near 153,381 and the current candle's hold above 154,215 suggest buyers remain active in defense of the support zone.

 

Short term Research Report Call

Buy Above: 156,380 | Targets: 157,880, 159,380 | Stop-loss: 154,880

Sell Below: 154,220 | Targets: 152,720, 151,220 | Stop-loss: 155,720

 

 

 

Short term - Technical Outlook

Natural Gas futures are currently trading near 263.4, showing a mild negative candle after opening at 265.5 and easing toward the session low of 263.2. The prior sessions saw price recover from the lows near 252 toward the highs near 268, before a corrective pullback over the past few sessions brought price back toward the current 262.5–264 support zone. The current candle reflects continued mild selling pressure near the lower boundary of the recent consolidation, with the ascending trendline from the recent lows now being tested as a dynamic support level.

The broader structure remains in a recovery phase following the sharp breakdown from higher levels, with the ascending trendline providing support and price attempting to hold above the 262.3–263.7 zone. The overhead resistance at 265.5–267.5 has consistently capped the recent recovery attempts, and a sustained close above 267.5 would signal the consolidation has resolved in favour of buyers and invite continuation toward 269.5 and higher. A breakdown below the ascending trendline and 262.5 would signal the recovery has failed and expose the 260.5 and 252 zones.

On the downside, immediate support lies near 262.3–260.7, with the ascending trendline acting as dynamic support near current levels. A clear break below 262.5 would confirm trendline failure and invite renewed selling pressure toward 260.5 and lower, though the trendline proximity suggests buyers may attempt a defense near current levels before committing to a directional move.

 

Short term Research Report Call

Buy Above: 267.5 | Targets: 269.5, 271.5 | Stop-loss: 265.5

Sell Below: 262.5 | Targets: 260.5, 258.5 | Stop-loss: 264.5

 

 

Short term - Technical Outlook

Silver Futures are currently trading near 236,267, showing a mild negative candle after opening at 236,447 and easing from the session high of 236,750. The prior sessions saw a sharp rally from the 231,000 lows toward the highs near 240,720, before a multi-session corrective pullback brought price back toward the current 234,750–237,855 zone. The current candle reflects continued mild selling pressure within this pullback, with price testing the intermediate support band following the extended correction from the recent highs.

The broader structure remains bullish on the higher timeframe, with the recovery from the 215,260 lows still intact and price continuing to trade well above the prior breakdown levels. The current pullback from the 240,720 highs is consistent with healthy consolidation following the sharp rally, and the 234,750–235,000 zone represents the key support that buyers must defend to maintain the bullish structure. A sustained close above 239,000 would signal the correction has completed and invite resumption of the uptrend toward 241,500 and higher, while a break below 234,750 would invite deeper corrective pressure toward 232,250 and lower.

On the downside, immediate support lies near 234,750–233,370, followed by deeper structural demand at 230,430. A clear break below 234,750 would confirm the corrective phase is deepening and invite extension toward 232,250 and lower, though the broader bullish structure and prior recovery momentum suggest buyers are likely to defend the 233,370–234,750 zone aggressively.

 

Short term Research Report Call

Buy Above: 239,000 | Targets: 241,500, 244,000 | Stop-loss: 236,500

Sell Below: 234,750 | Targets: 232,250, 229,750 | Stop-loss: 237,250