Daily Commodity Reports

Short term - Technical Outlook

Crude Oil Futures are trading at 8,561, continuing to remain under pressure after failing to sustain the recovery above 9,200 resistance. The price is currently holding just above the key 8,400 support, and a decisive break below this level can resume the downside toward 7,700. On the upside, sustained buying above 9,200 can improve the structure and push the price toward 9,800. Overall, the short-term bias remains range-bound below 9,200.

 

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 at 149,110, continuing to consolidate below the key 152,000 resistance after recovering from the 146,000 support. The price remains below the major resistance level and is moving in a narrow range, indicating a lack of strong directional momentum. On the downside, 146,000 remains the immediate support, while a break below this level can drag the price toward 140,000. On the upside, a sustained move above 152,000 can trigger a recovery toward 156,000–157,500. Overall, the short-term bias remains cautious to range-bound below 152,000.

 

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 at 309.6, maintaining a strong recovery from the 290 support and approaching the key 315 resistance. The recent price action shows a higher-low recovery structure, indicating improving short-term momentum. A sustained breakout above 315 can strengthen the upside momentum toward 320–330, while rejection from this level may lead to profit booking toward 300–290. 290 remains the key support, followed by 270. Overall, the short-term bias remains bullish above 290, with a stronger positive outlook on a breakout above 315.

 

Short term Research Report Call

Buy Above: 310 | Targets: 315, 320 | Stop-loss: 305

Sell Below: 300 | Targets: 295, 290 | Stop-loss: 305

Short term Chart

Short term - Technical Outlook

Silver Futures are trading at 223,353, hovering close to the key 222,000 support after facing sustained selling pressure. The price remains below the 232,000 resistance, keeping the near-term structure weak. A decisive break below 222,000 can extend the downside toward 215,000, while a sustained recovery above 232,000 would improve the outlook and open the way toward 240,000. Overall, the short-term bias remains cautious below 232,000.

 

Short term Research Report Call

Buy Above: 226,000 | Targets: 228,000, 230,000 | Stop-loss: 224,000

Sell Below: 222,000 | Targets: 220,000, 218,000 | Stop-loss: 224,000

 

Short term Chart