Technical Outlook

Copper has been fluctuating within a narrow range, forming a Symmetrical Triangle pattern in the Daily interval chart. The last session ended up bullish once again, yet indicating some uncertainties in the upcoming.

If the market breaks above the resistance level of 820, it could further rise to 826 and 832. However, if the price breaks below the support level of 812, it could signal a downward trend, potentially leading to a decline to 806 or even 800.

Research Report Call

Buy call -Buy above 820 for 826-832, Keeping 814

Sell call- Sell below 812 for 806-800, Keeping 818

Copper Technical Chart

Technical Outlook

Crude oil is currently in a period of uncertainty, forming a descending Triangle pattern. While the last session ended up bearish on a gap up after retesting the channel. The market's future movement will depend on whether it breaks above the resistance or below the support.

If the price can break below the support level of 5780, it may decline to 5700 and 5630. However, if the price breaks and trades above the resistance level of 5880, it could signal an upward trend once again, potentially leading to a rise to 5960 or even 6040.

Research Report Call

Sell call- Sell below 5780 for 5700-5630 Keeping 5860

Buy call -Buy above 5880 for 5960-6040, Keeping 5800

Crude Oil Technical Chart

Technical Outlook

Gold has been falling recently, forming an Inverted Cup and Handle pattern on the daily chart. Yesterday, the market ended bullish. The market's future movement will depend on whether it breaks above the resistance or below the support.

If the market can break above the current resistance level of 76,300, it may rise to 76,600 and 77,000 levels. However, if the price manages to break below the support level of 75,600, it could signal a downward trend, potentially leading to a decline to 75,200 and 74,800 levels.

Research Report Call

Buy call -Buy above 76300 for 76600-77000, Keeping 76000

Sell call- Sell below 75600 for 75200-74800 Keeping 76000

Gold Technical Chart

Technical Outlook

Natural gas has been trending uncertainly, where the last sessions ended bullish once again, forming a Rising channel on the daily interval long-term chart. The future direction of the market is uncertain at this point and will depend on how it reacts to these key support and resistance levels.

If the market breaks above the resistance level of 270, it could further rise to 275 and 279 levels. However, if the price breaks below the support level of 261, it could revive the downward trend, potentially leading to a decline to 256 and 251.

Research Report Call

Buy call -Buy above 270 for 275 and 279, Keeping 265

Sell call- Sell below 261 for 256 and 251, Keeping 266

Natural Gas Technical Chart

Technical Outlook

Silver had started rising, as forming a Descending Broadening Wedge Pattern. The last session ended up like Dojii, indicating some uncertainties moving forward. The market's future movement will depend on whether it breaks above the resistance or below the support. If the market breaks above the current resistance level of 91,500, it may continue to rise to 92,500 and 93,800 levels.

However, if the price manages to break below the support level of 89,500, it could start to decline once again, potentially leading to 88,400 and 87,100 levels.

Research Report Call

Buy call -Buy above 91500 for 92500 and 93800, Keeping 90500

Sell call- Sell below 89500 for 88400-87100 Keeping 90600

Silver Technical Chart

Technical Outlook

Zinc has been continuing a sideways movement for the last couple of sessions, forming an Ascending broadening Wedge pattern. Where the last session ended slightly bullish on retesting the channel. This suggests that the price may continue to fluctuate, but with increasing volatility.

If the price breaks below the resistance level of 281, it could rise to 284 and 287. However, if the price breaks below the support level of 277, it could signal a downward trend, potentially leading to a decline to 274 and 271.

Research Report Call

Buy call -Buy above 281 for 284 and 287, Keeping 278

Sell call- Sell below 277 for 274 and 271, Keeping 280

Zinc Technical Chart