Daily Commodity Reports

Short term - Technical Outlook

Crude Oil is trading at 9,005, extending its recent recovery from the 8,400 support and moving closer to the immediate 9,200 resistance. The price has regained short-term momentum, but the broader structure remains below the major 9,800 resistance. A sustained breakout above 9,200 would strengthen the recovery toward 9,500–9,800, while rejection near this level could bring 8,800–8,700 back into focus. Overall remains cautious below 9,000.

 

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 at 150,250, showing a modest recovery after finding support near the 146,000 level. However, the broader structure remains range-bound to mildly weak as the price continues to trade below the key 152,000 resistance. A sustained move above 152,000 could improve the near-term outlook and open the way toward 154,000, while failure to hold the recent recovery could bring 146,000 back into focus. A break below 146,000 would weaken the structure further toward 140,000. Overall bias remains cautious below 152,000.

 

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 at 288.1, holding just above the 285 support after retreating from the recent spike toward 318. The price is consolidating near the upper portion of the broader rising channel, but short-term momentum remains subdued. A sustained move above 300 would strengthen the bullish setup and could lead to a retest of the recent highs, while a break below 285 would weaken the structure and shift attention toward 270. Overall bias remains neutral to mildly bullish as long as 285 holds.

 

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 at 225,545, consolidating just above the immediate 222,000 support after a sharp decline from the 240,000 region. The price remains below the 232,000 resistance, keeping the near-term structure weak. A sustained move above 232,000 could trigger a recovery toward 240,000, while a decisive break below 222,000 would reinforce the downside and expose 215,000. Overall bias remains cautious, with 222,000 acting as the key near-term floor.

 

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