Daily Commodity Reports

Short term - Technical Outlook

Crude oil futures are trading around 8,585, with price facing strong selling pressure after breaking below the rising channel and losing the important 8,800 level. The breakdown has weakened the near-term structure, with price now trading below both 9,000 resistance and the stronger 9,500 resistance. Immediate support is placed at 8,400, while the next major support is at 7,700. The technical setup remains bearish, and recovery attempts are likely to face resistance unless price reclaims 9,000.

 

Short term Research Report Call

Buy Above: 8,600 | Targets: 8,700, 8,800 | Stop-loss: 8,500

Sell Below: 8,400 | Targets: 8,300, 8,200 | Stop-loss: 8,500

Short term Chart

Short term - Technical Outlook

Gold futures are trading around 152,850, with price continuing to consolidate within the broader 150,000–156,000 range. The recent price action remains sideways after failing to sustain moves above the 156,000 resistance, while the current structure shows limited directional momentum. Immediate resistance is placed at 156,000, whereas 150,000 remains the key support, followed by 146,000 on a deeper decline. The broader setup remains range-bound unless price breaks and sustains above 156,000.

 

Short term Research Report Call

Buy Above: 154,000 | Targets: 155,000, 156,000 | Stop-loss: 153,000

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 around 282.4, recovering sharply from the rising trendline near the 272 level and moving back toward the key 285 resistance. The price continues to respect the broader rising trendline, keeping the short-term structure constructive. A sustained breakout above 285 could open the way toward the higher trendline zone, while 272 remains the immediate support and 265 the next important support. The near-term bias is mildly bullish, provided price holds above 280.

 

Short term Research Report Call

Buy Above: 285 | Targets: 290, 295 | Stop-loss: 280

Sell Below: 275 | Targets: 270, 265 | Stop-loss: 280

Short term Chart

Short term - Technical Outlook

Silver futures are trading around 240,000, holding above the key 230,000 support after recovering from the recent lows. Price remains within a broad consolidation range, with 248,000 acting as the major resistance. The chart continues to show a higher-low structure from the 230,000 zone, although the earlier rising channel has lost momentum. A sustained breakout above 248,000 would strengthen the bullish setup, while a break below 230,000 could trigger further downside toward 215,000. The near-term bias remains neutral while 230,000 holds.

 

Short term Research Report Call

Buy Above: 242,000 | Targets: 244,000, 246,000 | Stop-loss: 240,000

Sell Below: 238,000 | Targets: 236,000, 234,000 | Stop-loss: 240,000

 

Short term Chart