Daily Commodity Reports

Short term - Technical Outlook

Crude Oil futures closed near 7,985, ending with a green candle as price continued its recovery from the 7,650 lows toward the 8,000 zone. The session reflects sustained buyer follow-through, with the advance now reclaiming the 7,890-7,985 support-turned-consolidation band following the volatile swings of the prior week.

Price is now approaching the 8,085 resistance level, with the recovery structure from the 7,650 lows intact through a sequence of higher lows. A sustained close above 8,085 would confirm the breakout and invite continuation toward 8,135-8,185. The prior consolidation zone near 7,890-8,000 now provides a support base beneath the advance.

On the downside, a close below 7,890 would undermine the recovery momentum and invite corrective pressure toward 7,840-7,790. The overall short-term bias remains bullish, with the recovery structure favouring buyers as long as 7,890 holds on a closing basis.

 

Short term Research Report Call

Buy Above: 8,085 | Targets: 8,135, 8,185 | Stop-loss: 8,035

Sell Below: 7,890 | Targets: 7,840, 7,790 | Stop-loss: 7,940

 

 

Short term - Technical Outlook

Gold futures closed near 156,250, ending with a sharp red candle as price declined from the 158,500 zone toward the 156,000 support area. The session reflects decisive seller aggression, with the decline cutting through the 158,000 level and accelerating the corrective phase from the 162,000 highs.

Price is now testing the 155,500-156,500 support band, with the sequence of lower highs from the recent peak firmly intact. A sustained close above 158,000 would signal a meaningful recovery and invite continuation toward 159,000-160,000. Until then, the sharp breakdown keeps any rally attempt vulnerable near the 158,000 resistance zone.

On the downside, a close below 155,500 would confirm the continuation of the bearish phase and invite extension toward 154,500-153,500. The overall short-term bias remains bearish, with the declining structure from the 162,000 highs favouring sellers unless 158,000 is reclaimed on a closing basis.

 

Short term Research Report Call

Buy Above: 158,000 | Targets: 159,000, 160,000 | Stop-loss: 157,000

Sell Below: 155,500 | Targets: 154,500, 153,500 | Stop-loss: 156,500

 

 

 

 

Short term - Technical Outlook

Natural Gas futures closed near 276, ending with a small red candle as price consolidated following the sharp multi-session rally from the 266 lows toward the 284 highs. The session reflects a healthy pause after the aggressive advance, with price holding above the 274-276 support band and the broader recovery structure remaining intact.

Price is now consolidating within the 274-279 range, with the pullback from the 284 highs contained near the upper half of the recent advance. A sustained close above 279 would confirm the resumption of upside momentum and invite continuation toward 281-283. The sequence of higher lows since the 266 base supports the directional move.

On the downside, a close below 274 would interrupt the rally and invite corrective pressure toward 272-270. The overall short-term bias remains bullish, with the consolidation near the upper range favouring buyers as long as 274 holds on a closing basis.

 

Short term Research Report Call

Buy Above: 279 | Targets: 281, 283 | Stop-loss: 277

Sell Below: 274 | Targets: 272, 270 | Stop-loss: 276

 

 

Short term - Technical Outlook

Silver futures closed near 236,700, ending with a sharp red candle as price declined from the 242,000 zone toward the 236,000 support area. The session reflects aggressive seller dominance, with the decline cutting through the 238,000 level and erasing the prior recovery gains in a single move.

Price is now trading near the 235,000-237,000 support band, with the sharp rejection from the 242,000 highs reinstating the pattern of lower highs from the recent peak. A sustained close above 238,000 would signal stabilization and invite recovery toward 240,000-242,000. Until then, the sharp decline keeps rallies vulnerable near the 238,000 breakdown zone.

On the downside, a close below 235,000 would confirm renewed bearish pressure and invite extension toward 233,000-231,000. The overall short-term bias remains bearish, with sellers in control following the sharp session decline unless 238,000 is reclaimed on a closing basis.

 

Short term Research Report Call

Buy Above: 238,000 | Targets: 240,000, 242,000 | Stop-loss: 236,000

Sell Below: 235,000 | Targets: 233,000, 231,000 | Stop-loss: 237,000