Short Term – Technical Outlook

Crude Oil futures are currently trading near 10,060, showing steady bullish momentum with a small green candle sustaining above the key 10,000 psychological level following the strong multi-session advance from the corrective lows. The price continues to hold within the ascending channel and is approaching the significant overhead resistance band near 10,240, with buyer conviction firmly established and the broader recovery structure remaining intact across timeframes.

The broader structure remains firmly bullish, with the price printing consistent higher highs and higher lows from the corrective base near 7,700 and the ascending trendline continuing to provide dynamic support on pullbacks. The current consolidation near 10,000–10,100 reflects orderly digestion within the broader uptrend, with momentum continuing to favour the upside. A sustained trade above 10,240 would confirm the continuation of the bullish advance and invite upside momentum toward 10,290 and 10,340, extending the rally toward the prior highs near 10,800.

On the downside, immediate support lies near 9,915, followed by stronger structural demand near 9,710. A breakdown below 9,915 may invite a brief corrective phase, though the dominant near-term bias firmly favours buyers on dips as long as price holds above key structural support.

Short Term Research Report Call

Buy Above: 10,240 | Targets: 10,290, 10,340 | Stop-loss: 10,190

Sell Below: 9,915 | Targets: 9,865, 9,815 | Stop-loss: 9,965

Short Term – Technical Outlook

Gold futures are currently trading near 149,350, showing a mild red candle extending the multi-session decline from the recent recovery highs near 151,500. The price has been unable to sustain above the key resistance band near 150,000–150,700 and continues to face consistent selling pressure at elevated levels, with the near-term structure reflecting sustained distribution and limited buyer follow-through following each attempted recovery.

The broader near-term bias remains firmly bearish, with the price trading below the key resistance band and sellers asserting control on each approach to overhead supply. The current zone near 149,000–149,500 represents a critical near-term support area, with the price vulnerable to further downside if buyers fail to defend current structural support. A sustained trade below 148,500 would confirm renewed bearish momentum and invite downside pressure toward 147,000 and 145,500.

On the upside, a decisive breakout and sustained close above 150,000 would be required to shift the near-term bias constructively and neutralise the current distribution pattern, though the prevailing structure firmly favours sellers near resistance unless a clear and sustained close above the overhead supply band materialises.

Short Term Research Report Call

Buy Above: 150,000 | Targets: 151,500, 153,000 | Stop-loss: 148,500

Sell Below: 148,500 | Targets: 147,000, 145,500 | Stop-loss: 150,000

Short Term – Technical Outlook

Natural Gas futures are currently trading near 274.6, showing mild consolidation with a small red candle holding within the key 272–277.5 zone following the sharp and decisive recovery from the corrective lows near 250. The price has staged an impressive recovery in recent sessions and continues to sustain above the key structural support zone, with buyer momentum firmly established and the near-term bias strongly favouring continuation of the bullish advance toward the overhead resistance band near 280.

The broader structure has turned firmly bullish, with the price recovering strongly from the corrective lows and building a clear series of higher lows across recent sessions. The current consolidation near 273–275 reflects natural digestion within the broader recovery trend, with buyers defending pullbacks and momentum continuing to underpin the upside. A sustained trade above 280.5 would confirm the next leg of the bullish advance and invite upside momentum toward 282.5 and 284.5, validating the full bullish recovery structure.

On the downside, immediate support lies near 270, followed by stronger structural demand near the prior consolidation lows. A breakdown below 270 would delay the recovery and invite a corrective retracement, though the prevailing bullish structure strongly favours buyers on dips as long as price holds above the key 270 demand zone.

Short Term Research Report Call

Buy Above: 272 | Targets: 274, 276 | Stop-loss: 270

Sell Below: 277.5 | Targets: 275.5, 273.5 | Stop-loss: 279.5

Short Term – Technical Outlook

Silver Futures are currently trading near 244,001, showing a mild red candle continuing to consolidate below the overhead resistance zone near 246,000 following the sharp recovery from the lows near 235,000. Despite the recent bounce, the price continues to trade beneath significant overhead supply and the near-term structure reflects persistent seller control, with each attempted recovery being capped near the resistance band and limited genuine buyer conviction at current levels.

The broader near-term bias remains cautiously bearish, with the price stalling below the 246,000 resistance zone and sellers consistently asserting control on each approach to overhead supply. The current zone near 243,500–245,000 displays hesitation and distribution characteristics, with the price at risk of resuming the corrective decline if buyers fail to break above resistance decisively. A decisive breakdown below 243,000 would confirm renewed bearish momentum and invite corrective extension toward 241,000 and 239,000.

On the upside, a sustained breakout above 246,000 would be required to neutralise the near-term bearish bias and invite a short-term relief bounce toward higher levels, though the prevailing structure firmly favours sellers unless a decisive and sustained close above the overhead supply zone occurs.

Short Term Research Report Call

Buy Above: 246,000 | Targets: 248,000, 250,000 | Stop-loss: 244,000

Sell Below: 243,000 | Targets: 241,000, 239,000 | Stop-loss: 245,000