Daily Commodity Reports

Short term - Technical Outlook

Crude oil futures are trading around 8,634, showing a mild recovery after finding support near 8,400. However, the broader structure remains under pressure following the rejection from higher levels, with 9,200 acting as the immediate resistance and 9,800 as the next major hurdle. A sustained move above 9,200 could strengthen the recovery toward 9,800, while a break below 8,400 would resume the downside and expose the next major support at 7,700.

 

Short term Research Report Call

Buy Above: 8,800 | Targets: 8,900, 9,000 | Stop-loss: 8,700

Sell Below: 8,600 | Targets: 8,500, 8,400 | Stop-loss: 8,700

Short term Chart

Short term - Technical Outlook

Gold futures are trading around 150,130, consolidating below the key 152,000 resistance after recovering from the recent low near 146,000. The broader short-term structure remains range-bound to mildly bearish as the price continues to hold below 152,000. On the downside, 146,000 remains the immediate support, while a break below this level could extend the decline toward 140,000. A sustained move above 152,000 would improve the near-term setup and open the way toward the 154,000–156,000 zone.

 

Short term Research Report Call

Buy Above: 151,000 | Targets: 152,000, 153,000 | Stop-loss: 150,000

Sell Below: 149,000 | Targets: 148,000, 147,000 | Stop-loss: 150,000

 

Short term Chart

Short term - Technical Outlook

Natural Gas futures are trading around 300.7, maintaining a positive recovery after finding support near 285–290. The price has moved back above the key 290 support and is now approaching the 310 resistance. A sustained breakout above 310 could extend the upside toward 315–320, while failure to cross this level could lead to consolidation. On the downside, 290 remains the immediate support, followed by 270.

 

Short term Research Report Call

Buy Above: 300 | Targets: 305, 310 | Stop-loss: 295

Sell Below: 290 | Targets: 285, 280 | Stop-loss: 295

Short term Chart

Short term - Technical Outlook

Silver futures are trading around 227,480, holding above the 222,000 support after a sharp decline from the 232,000–240,000 zone. The price action remains weak but has shown some stabilization near the lower range. 232,000 is the immediate resistance, followed by 240,000, and a sustained breakout above 232,000 could strengthen the recovery toward 240,000. On the downside, a break below 222,000 would weaken the structure further and expose 215,000.

 

Short term Research Report Call

Buy Above: 228,000 | Targets: 230,000, 232,000 | Stop-loss: 226,000

Sell Below: 224,000 | Targets: 222,000, 220,000 | Stop-loss: 226,000

 

Short term Chart