Technical Outlook – Crude Oil Futures 

Crude Oil continues to trade weak near 5,180, slipping further after repeated rejections from the 5,303 horizontal resistance and the downward sloping trendline that has dominated the market since early October. Price is now compressing into the apex of a descending triangle pattern, with support at 5,120–5,140 acting as the last near-term defence. A breakdown below this support zone may trigger extended selling pressure toward 5,010, the major swing low and a strong structural demand area. The broader trend remains bearish as long as crude stays below the trendline and key resistance at 5,303, with intermediate hurdles at 5,433 and 5,602. Only a decisive breakout above 5,303 would signal short-term recovery, shifting momentum toward 5,433 or higher.

Short-Term Research Report Call

Buy Above: 5,303 | Targets: 5,350 – 5,410 | Stop-Loss: 5,250
Sell Below: 5,140 | Targets: 5,080 – 5,010 | Stop-Loss: 5,200

Technical Outlook – Gold Futures 
Gold has broken out strongly above its major downward channel and has also sustained above the rising channel structure, indicating a firm shift in momentum toward the upside. The breakout above the key horizontal resistance around 132,000 confirms renewed bullish strength, supported by strong impulsive candles and consistent higher–high formations. As long as Gold trades above the breakout zone of 131,800–132,000, the overall trend remains decisively positive. Any pullback into this region is likely to act as a retest and attract renewed buying interest. A sustained move above 132,600 may open the gates for a continuation rally toward 133,500 followed by 134,200. On the downside, failure to hold the breakout zone would signal exhaustion, potentially dragging prices back toward 130,400, which serves as the next crucial demand level. Until a breakdown occurs, momentum clearly favors buyers, and upward continuation remains the dominant scenario.

Short-Term Research Report Call
Buy Above: 132,600 | Targets: 133,500 – 134,200 | Stop-Loss: 131,900
Sell Below: 131,800 | Targets: 130,800 – 129,900 | Stop-Loss: 132,500

Technical Outlook – Natural Gas Futures 

Natural Gas has broken decisively below its rising channel structure, signaling a strong shift in momentum toward the downside. The recent breakdown accelerated selling pressure, dragging prices sharply lower toward the major horizontal support near 381–385, which aligns with previous consolidation zones. This zone is acting as the last immediate demand area, and a sustained close below it could trigger a deeper decline toward 365, followed by 350 as the next bearish extension levels. The bias remains strongly negative as long as price trades below the former support trendline and the mid-range resistance around 410–415, which now acts as a supply zone. Any short-term bounce is likely to be limited unless Natural Gas reclaims 415, which would signal a possible recovery toward 430. Until then, momentum favors sellers, and breakdown continuation remains the dominant scenario.

Short-Term Research Report Call

Buy Above: 415 | Targets: 425 – 435 | Stop-Loss: 405
Sell Below: 381 | Targets: 370 – 358 | Stop-Loss: 392