Crude Oil is currently trading within a rising wedge pattern, showing signs of weakening momentum. After facing strong rejection from the 6,172 resistance level, the price has now slipped below the crucial 5,914 support-turned-resistance zone, indicating bearish pressure. The current price near 5,828 suggests that sellers are gaining control.A breakdown below the key support zone at 5,786 could trigger further downside toward 5,660 and 5,550. On the flip side, if the price manages to reclaim 5,914 with strength, a short-term recovery toward 6,050–6,170 is possible.Trend remains bearish to neutral, with indicators like MACD and volume confirming selling strength. Unless a reversal above 5,914 occurs, the bias remains tilted toward the downside.

 

Short term Research Report Call

Buy Above: 5,920 | Targets: 6,050 , 6,170  | Stop-loss: 5,780
Sell Below: 5,780 | Targets: 5,660 , 5,550 | Stop-loss: 5,920

 

Short term chart

Gold Futures has broken out of a symmetrical triangle pattern, confirming bullish momentum with a strong rally above the 100,000 mark. Price is currently trading near 101,225, showing a clear upside breakout supported by strong green candles and volume. This breakout marks a significant shift in sentiment, with bulls gaining control.The breakout above the symmetrical triangle supported by volume indicates strong upward momentum. As long as Gold holds above 100,000, the bias remains positive. Pullbacks toward 100,000–100,500 can be used to enter long positions.

 

Short term Research Report Call

Buy Above: 1,00,500 | Targets: 1,01,344 , 1,02,000  | Stop-loss: 98,850
Sell Below: 1,01,250 | Targets: 1,00,000 , 99,500 | Stop-loss: 1,01,600

 

Short term chart

Natural Gas Futures is exhibiting short-term weakness, trading below a descending trendline and facing resistance near the 277.5 supply zone. Despite a recent rebound from the support level of 266.7, the overall trend remains under pressure unless a breakout above 277.5 is sustained with strong volume. On the upside, a buy trade can be considered above 272.5 with potential targets of 277.5 and 278, keeping a stop-loss at 270. On the downside, if the price breaks below 266.7, it may trigger further selling pressure toward 261 and 257, with a stop-loss at 269. The 271.2–272.5 zone now acts as a key support-turned-demand area, and holding above this range could invite fresh buying. However, failure to hold this level could expose the commodity to increased downside. Traders should remain cautious and use strict risk management due to high volatility near these levels.

 

Short term Research Report Call

Buy Above: 272.5| Targets: 277.5 , 278  | Stop-loss: 270
Sell Below: 266.7 | Targets: 261, 257 | Stop-loss: 269 

 

Short term chart