Daily Commodity Reports

Short term - Technical Outlook

Crude Oil futures are currently trading near 7,820, showing a strong positive candle after opening at 7,742 and surging toward the session high of 7,820. The prior sessions saw a sharp recovery from the lows near 7,110, with an ascending trendline providing dynamic support and a sequence of green candles driving price through the 7,560–7,665 resistance zone and into the current level near 7,820. The current candle confirms continued buyer momentum and a decisive reclaiming of the overhead resistance, with price now trading above all short-term moving averages.

The broader structure has improved meaningfully from the recent lows, with the ascending trendline anchoring the recovery and price establishing a clear higher low structure. The reclaiming of the 7,665–7,900 zone is a significant structural development, and the current candle's strong performance reflects genuine buyer conviction. A sustained close above 8,000 would confirm a full recovery of the prior breakdown and open the path toward 8,045 and higher, while the 7,665 zone now represents the key downside support that buyers must defend to maintain the current bullish recovery structure.

On the downside, immediate support lies near 7,665–7,565, followed by stronger structural demand at 7,320. A pullback toward 7,665 would be consistent with a healthy retest of the prior resistance-turned-support and would likely attract fresh buyers, while a breakdown below 7,665 would invite corrective pressure toward 7,620 and lower, though the dominant recovery momentum and ascending trendline firmly favour buyers on any dip while price holds above key support.

 

Short term Research Report Call

Buy Above: 8,000 | Targets: 8,045, 8,090 | Stop-loss: 7,955

Sell Below: 7,665 | Targets: 7,620, 7,575 | Stop-loss: 7,710

 

 

 

Short term - Technical Outlook

Gold futures are currently trading near 153,080, showing a mild positive candle after opening at 152,690 and edging toward the session high of 153,200. The prior sessions delivered a powerful and sustained bullish impulse from the 144,000 zone, with price climbing steadily through multiple resistance levels and now approaching the key overhead supply at 153,900–154,660. The current candle reflects continued buyer momentum with a modest advance, as price consolidates near the upper end of the recent rally and tests the boundary of the next significant resistance zone.

The broader structure is firmly bullish, with all moving averages positioned below current price and the candle sequence showing consistent green dominance with shallow pullbacks. The bullish momentum remains intact, and price is now trading near the 153,080–153,900 zone ahead of the key overhead supply. A sustained close above 154,660 would confirm a fresh breakout and open the path toward 156,160 and higher extension levels, while the 152,500 support zone represents the immediate downside reference for any corrective pause within the ongoing uptrend.

On the downside, immediate support lies near 152,500–151,670, followed by stronger structural demand at 150,920. A pullback toward 152,500 would remain consistent with a healthy consolidation within the uptrend and would likely attract fresh buyers, while a breakdown below 152,500 would invite more meaningful corrective pressure toward 151,000 and lower, though the dominant bullish structure firmly favours buyers while price holds above this level.

 

Short term Research Report Call

Buy Above: 154,660 | Targets: 156,160, 157,660 | Stop-loss: 153,160

Sell Below: 152,500 | Targets: 151,000, 149,500 | Stop-loss: 154,000

 

 

Short term - Technical Outlook

Natural Gas futures are currently trading near 266.8, showing a mild negative candle after opening at 267.4 and easing from the session high of 268.0. The prior session delivered a sharp green candle that surged from the 263–264 zone toward the 268–269 highs, reclaiming the 262.4–268.8 resistance band in a decisive move and reflecting a meaningful shift in short-term momentum. The current candle reflects a brief consolidation following the sharp prior session recovery, with price holding near the 266.5–268.0 zone and buyers maintaining a foothold above the key support level.

The broader structure has improved notably from the deeply oversold conditions near 252, with a clear V-shaped recovery visible on the chart and price now trading above the short-term moving averages for the first time in several sessions. The 262.5–268.8 zone is now acting as the key near-term support, and a sustained close above 274 would signal the recovery has gained significant traction and invite upside toward 276 and higher. The moving averages remain bearishly stacked above current price on the higher timeframe, limiting the medium-term bullish case until price can sustain above 272–274.

On the downside, immediate support lies near 262.5–258.5, followed by deeper structural demand at 252. A clear break below 262.5 would signal the recovery candle was short-lived and invite renewed selling pressure toward 260.5 and lower, though the current candle's position above the 262.5 support and the prior session's strong green close suggest buyers retain short-term momentum.

 

Short term Research Report Call

Buy Above: 274 | Targets: 276, 278 | Stop-loss: 272

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

 

 

Short term - Technical Outlook

Silver Futures are currently trading near 236,950, showing a strong positive candle after opening at 235,390 and pushing toward the session high of 237,210. The prior sessions delivered a sharp and powerful recovery from the 215,260 lows, with dominant green candles breaking above the descending trendline and reclaiming multiple resistance levels in succession. The current green candle reflects continued bullish momentum, with price now approaching the significant overhead resistance at 238,580–240,000 and all short-term moving averages positioned below current price in a bullish alignment.

The broader structure has shifted convincingly bullish following the breakout above the long-standing descending trendline, with the sustained green candle sequence and reclaiming of the 233,050–235,210 zone confirming strong underlying buyer conviction. Price is now approaching the 238,580–240,000 resistance band, which represents the next meaningful supply zone. A sustained close above 240,000 would signal a decisive breakout and open the path toward 242,500 and higher, while a pullback and hold above 235,210 would be consistent with a healthy pause within the uptrend before the next leg higher.

On the downside, immediate support lies near 235,210–233,050, followed by stronger structural demand at 230,430. A clear break below 235,210 would invite corrective pressure toward 232,710 and lower, though the strength of the current green candle and the bullish momentum of the recent sessions firmly suggest buyers remain in control of the short-term directional bias.

 

Short term Research Report Call

Buy Above: 240,000 | Targets: 242,500, 245,000 | Stop-loss: 237,500

Sell Below: 235,210 | Targets: 232,710, 230,210 | Stop-loss: 237,710