Short term - Technical Outlook

Crude Oil futures are currently trading near 8,616, showing a mild positive candle after opening at 8,502 and edging toward the session high of 8,622. The price had surged powerfully from the 7,660 zone to the recent highs near 9,055 over the preceding sessions, before a sharp two-session red candle sequence pulled price back toward the current 8,510–8,620 zone. The current green candle reflects tentative buyer re-entry following the corrective pullback, with price attempting to stabilize above the key support zone near 8,510.

The broader structure remains bullish on the higher timeframe, with the ascending trendline visible on the chart continuing to provide dynamic support below current price levels. The pullback from the 9,055 highs has been corrective in nature rather than a trend reversal, with price now retesting the 8,510–8,620 support zone that aligns with the prior breakout area. A sustained close above 8,935 would signal the correction has completed and invite resumption of the uptrend toward 8,980 and higher, while the ascending trendline and the 8,280 structural support remain the key downside buffers.

On the downside, immediate support lies near 8,510–8,280, followed by stronger structural demand at 8,010. A breakdown below 8,510 with a close beneath the ascending trendline would signal a more meaningful corrective phase and invite pressure toward 8,465 and lower, though the current green candle suggests buyers are making a short-term stand near the trendline support at present.

 

Short term Research Report Call

Buy Above: 8,935 | Targets: 8,980, 9,025 | Stop-loss: 8,890

Sell Below: 8,510 | Targets: 8,465, 8,420 | Stop-loss: 8,555

 

 

Short term - Technical Outlook

Gold futures are currently trading near 143,070, showing a mild negative candle after opening at 143,400 and easing below the opening level. The prior sessions delivered a sharp swing from the 140,750 lows to the 145,450 highs before an aggressive red candle pulled price back sharply toward the current 143,070 zone. The current candle reflects continued seller presence near the 143,270–143,550 resistance band following the prior session's sharp decline, with buyers yet to mount a meaningful response to the recent reversal.

The broader structure remains volatile and range-bound between the 140,750 lows and the 145,450 highs, with sharp swings in both directions preventing any sustained trend from establishing. The prior session's sharp decline from the highs reinforces the overhead supply at 143,550–144,080, and price is now trading near the middle of the recent range. A sustained close above 144,080 would signal renewed buyer control and open the path toward 145,580 and higher, while a break below 142,620 would confirm bearish resumption toward 141,120 and below.

On the downside, immediate support lies near 142,620–142,160, followed by deeper structural demand at 140,750. A clear break below 142,620 would invite renewed selling pressure and expose the lower support zones, though the current candle's modest range suggests the market is in a consolidation phase following the sharp prior session move.

 

Short term Research Report Call

Buy Above: 144,080 | Targets: 145,580, 147,080 | Stop-loss: 142,580

Sell Below: 142,620 | Targets: 141,120, 139,620 | Stop-loss: 143,120

 

 

Short term - Technical Outlook

Natural Gas futures are currently trading near 276.3, showing sharp bearish pressure with a prominent red candle after opening at 282.1 and falling aggressively toward the session low of 275.7. The prior sessions had seen price recover toward the 281.7–285.7 resistance zone, but the current session has delivered a decisive rejection from this overhead supply, with the large red candle body confirming strong seller conviction and a sharp return toward the lower support zone. The velocity of the current decline signals aggressive seller re-entry near the resistance band.

The broader structure remains bearish and range-bound, with price continuing to fail at the 281.5–285.7 overhead supply zone on every recovery attempt. The current sharp red candle reinforces this pattern and suggests the 274.8–275 support zone will now be retested. A sustained close below 275 would confirm continuation of the bearish bias and expose the 273–271 zone and lower, while the 281.5 level remains the critical overhead supply that buyers must reclaim to shift the near-term bias.

On the upside, immediate resistance lies near 278.4–281.5, with stronger supply at 281.7. A recovery and sustained close above 281.5 would be required to neutralise the current bearish pressure, though the aggressive nature of the current red candle strongly favours sellers on any bounce attempt at present.

 

Short term Research Report Call

Buy Above: 281.5 | Targets: 283.5, 285.5 | Stop-loss: 279.5

Sell Below: 275 | Targets: 273, 271 | Stop-loss: 277

 

 

Short term - Technical Outlook

Silver Futures are currently trading near 222,300, showing a marginally negative candle after opening at 222,580 and holding within a tight range. The prior sessions saw a sharp swing from the 217,000 lows toward the 228,000 zone before an aggressive reversal pulled price back toward the 219,000–222,000 band. The current candle reflects tentative stabilization following the prior session's decline, with price holding above the 221,110 support zone and buyers attempting to defend the lower boundary of the recent recovery band.

The broader structure has recovered meaningfully from the recent lows but remains volatile, with sharp alternating candles in both directions preventing a clean directional read. Price is currently trading between the 219,410–225,480 band, and the current candle's position just above the 221,110 support level is the immediate focus. A sustained close above 225,480 would confirm recovery momentum and open the path toward 227,980 and higher, while a break below 221,110 would signal the recovery is failing and expose the 218,610 zone and below.

On the downside, immediate support lies near 221,110–219,410, followed by deeper structural demand at 217,080. A clear break below 221,110 would invite renewed selling pressure toward 218,610 and lower, though the current proximity to the support band may generate brief stabilization as buyers look to defend the 220,000–221,000 zone.

 

Short term Research Report Call

Buy Above: 225,480 | Targets: 227,980, 230,480 | Stop-loss: 222,980

Sell Below: 221,110 | Targets: 218,610, 216,110 | Stop-loss: 223,610