Short term - Technical Outlook

Crude Oil futures are currently trading near 8125, showing mild pullback and consolidation after the strong impulsive rally from the 6800–7400 breakout zone. The price has maintained a powerful bullish structure with a clear series of higher highs and higher lows, supported by sustained buying interest and the ascending trendline from the 5901–6000 base remaining as deep structural support far below current levels.

The latest red candle indicates short-term profit booking or hesitation near the 8100–8300 area following the sharp advance toward 9607 extension levels. Momentum remains firmly bullish overall, though overbought conditions on shorter timeframes suggest potential for brief consolidation or shallow correction. A sustained move above 8300–9607 could confirm further acceleration toward 9500–10000 or higher targets.

On the downside, immediate support lies near 7999–8326, followed by stronger levels near 7402–7000. A breakdown below 7999 would be required to invite meaningful corrective pressure toward 7402–6800, though the dominant trend heavily favors continuation unless significant rejection develops.

Short term Research Report Call

Buy Above: 8300 | Targets: 9500, 10000 | Stop-loss: 7999

Sell Below: 7999 | Targets: 7402, 6800 | Stop-loss: 8200

Short term - Technical Outlook

Gold futures are currently trading near 161967, consolidating just below the key resistance zone around 162000–163000. Price continues to form higher lows from the strong demand base near 150523–152000, maintaining a short-term bullish structure supported by the ascending trendline connecting recent swing lows.

The current zone around 161967–162000 shows small-bodied candles and mild hesitation, reflecting balance between buyers and sellers near the upper boundary after the prior advance. The descending trendline from the February peak near 169879 has been broken earlier, but the 162000–163000 area remains a persistent supply barrier with multiple tests showing rejection. A decisive breakout and sustained close above 163000 could confirm renewed bullish momentum and target 166400–168000 or further toward 169879 levels.

On the downside, immediate support lies near 160000–158902, followed by stronger structural support at 158000–150523. A breakdown below 158902 may invite short-term corrective pressure toward 156000–150523 levels.

Short term Research Report Call

Buy Above: 163000 | Targets: 166400, 169000 | Stop-loss: 160000

Sell Below: 158902 | Targets: 156000, 150523 | Stop-loss: 161000

Short term - Technical Outlook

Natural Gas futures are currently trading near 296.2, showing strong bullish continuation after breaking out above the key resistance zone around 270–290. The price has formed a decisive higher high and higher low structure, with the latest green candle closing near session highs and confirming follow-through buying momentum following the reversal from the 257.9–260 demand base.

The descending trendline from February highs has been clearly violated, shifting the short-term bias firmly bullish and validating the breakout from the multi-week downtrend channel. The move above 290–307.9 levels has been supported by increased volatility and buyer aggression. A sustained close above 300–307.9 could accelerate upside momentum toward 320–330 or higher extension levels.

On the downside, immediate support now lies near 290–285, followed by stronger demand at 270–274 and deeper levels near 257.9–260. A breakdown below 285 would be required to challenge the current bullish shift and invite corrective pullback toward 270–260, though momentum strongly favors continuation at present.

Short term Research Report Call

Buy Above: 300 | Targets: 320, 330 | Stop-loss: 285

Sell Below: 285 | Targets: 270, 260 | Stop-loss: 292

Short term - Technical Outlook

Silver futures are currently trading near 269211, consolidating just below the key resistance zone around 270000–275000 after showing steady recovery momentum from the February lows. Price remains strongly supported by the ascending trendline connecting higher lows from the major demand base near 231368–257971, preserving the short-term bullish structure with consistent buyer interest on pullbacks.

The broader structure continues to be range-bound between the solid demand zone at 231000–240000 and the persistent supply/resistance area around 270000–291941. The current level near 269000–270000 has acted as short-term resistance in recent sessions, with the latest green candle closing near highs and indicating building bullish pressure. A decisive breakout and sustained close above 270000 could trigger fresh upside momentum toward 280000–291941 and potentially open the path to 305000 and 333278 levels.

On the downside, immediate support lies at 266000–267000 (recent swing lows and trendline confluence), followed by stronger demand near 260000 and the major zone at 257971–231368. A breakdown below 266000 may invite short-term profit booking or renewed weakness toward 260000–231000.

Short term Research Report Call

Buy Above: 270000 | Targets: 280000, 291941 | Stop-loss: 265000

Sell Below: 266000 | Targets: 260000, 231000 | Stop-loss: 269000