Daily Commodity Reports

Short term - Technical Outlook

Crude oil is trading around 8,681, showing some recovery after finding support near the 8,400 level, but the broader structure remains range-bound following the sharp decline from the 10,000–10,400 zone. The immediate resistance is placed at 9,200, followed by 9,800, while 8,400 remains the key support. A sustained move above 9,200 would strengthen the recovery and could open the way toward 9,800, whereas a break below 8,400 would revive the downside momentum toward 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 is trading around 149,311, continuing to consolidate below the key 152,000 resistance after recovering from the 146,000 support. The broader structure remains range-bound to mildly bearish as the price is still below the major resistance zone, while repeated rejection near 152,000 indicates selling pressure on higher levels. On the downside, 146,000 remains the immediate support, followed by 140,000. A sustained breakout above 152,000 could improve the near-term structure and open the way toward the 155,000 area, while a break below 146,000 would strengthen the downside bias.

 

Short term Research Report Call

Buy Above: 150,000 | Targets: 151,000, 152,000 | Stop-loss: 149,000

Sell Below: 148,000 | Targets: 147,000, 146,000 | Stop-loss: 149,000

 

Short term Chart

Short term - Technical Outlook

Natural Gas is trading around 294.7, recovering from the recent decline and moving closer to the key 300 resistance. The price has reclaimed the rising trendline area and is showing improving short-term momentum, but a sustained breakout above 300 is required to confirm further upside. A move above 300 could extend the recovery toward the recent 310–320 zone, while 285 remains the immediate support. A break below 285 would weaken the structure and could drag prices toward the next major support at 270.

 

Short term Research Report Call

Buy Above: 295 | Targets: 300, 305 | Stop-loss: 290

Sell Below: 285 | Targets: 280, 275 | Stop-loss: 290

Short term Chart

Short term - Technical Outlook

Silver is trading around 226,240, holding just above the 222,000 support after a sharp decline from the 240,000–244,000 region. The price remains below both 232,000 and 240,000 resistance, keeping the near-term structure weak. Sustaining above 222,000 could encourage a recovery toward 232,000, while a decisive breakout above 232,000 would improve momentum toward 240,000. However, a break below 222,000 could extend the decline toward the next major support at 215,000.

 

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