Short term outlook

Crude Oil futures are currently trading around 5239, showing a mild recovery after testing the support zone near 5150–5170. The broader trend remains bearish, marked by a persistent lower-high structure and a descending trendline restriction that continues to cap upside momentum.

Price is currently attempting to bounce from the lower range, but the zone between 5300–5433 remains a strong supply barrier. A decisive breakout above 5433 is required to shift short-term sentiment toward bullishness. Until that happens, rallies are likely to face selling pressure.

On the downside, if crude breaks below 5150, it may swiftly extend weakness toward 5010, which remains a major support area.

Momentum structure shows consolidation inside a contracting range, indicating possible volatility ahead.

Short-Term Research Report Call

Buy Above: 5433 | Targets: 5520 – 5600 | Stop-Loss: 5320
Sell Below: 5150 | Targets: 5050 – 5010 | Stop-Loss: 5250

Technical Outlook
Gold futures are currently trading near 123,860, showing steady upward momentum after rebounding from the 120,623 demand zone. Price is now approaching the key horizontal resistance at 124,407, which has repeatedly acted as a strong supply barrier.

The broader structure still shows a descending channel, with price hovering near the upper trendline. A breakout above 124,407 may trigger further upside toward 125,800 – 126,500, whereas rejection from this level could bring a pullback toward 122,500 – 121,300.

Trend remains neutral-to-bullish in the short term as long as price sustains above 122,000. Momentum indicators suggest consolidation before a decisive breakout.

 

Short-Term Research Report Call
Buy Above: 124,410|Targets: 125,200 – 126,000 |Stop-Loss: 123,300
Sell Below: 122,500 |Targets: 121,500 – 120,800 |Stop-Loss: 123,400

Technical Outlook
Natural Gas futures are currently trading around 403.4, showing profit-booking after a massive vertical rally that broke through the major resistance levels at 317.7, 363.5, and 407. The price is now consolidating just below the crucial 407 supply zone, which has acted as a rejection area multiple times in the past.

The broader market structure remains strongly bullish, driven by a breakout from the long-term falling channel followed by sustained higher highs and higher lows. As long as the price holds above 394–407, the bullish sentiment remains intact.

A decisive breakout and close above 414–420 will likely trigger the next leg of upside toward 435–450, supported by strong momentum.
However, the recent sharp rise makes the price vulnerable to short-term pullback. A slip below 394 may shift momentum toward 363, which is the next major demand zone.

Short-Term Research Report Call 
Buy Above: 414 | Targets: 425 – 435 | Stop-Loss: 398
Sell Below: 394 | Targets: 380 – 363 | Stop-Loss: 405