Short term - Technical Outlook

Crude Oil futures are currently trading near 8798, showing mild consolidation and minor pullback after the explosive rally from the 6000–6800 breakout zone. The price has sustained a very strong bullish structure with a clear series of higher highs and higher lows, supported by aggressive buying interest and the ascending trendline from the 5438–5901 base remaining well below as deep structural support.

The sharp advance has pushed price well above prior resistance levels, with the latest red candle indicating short-term profit booking or hesitation near the 8800–9000 area after the parabolic move. Momentum remains firmly bullish overall, though overbought conditions on shorter timeframes suggest potential for a brief consolidation or shallow pullback. A sustained move above 9000–9607 could trigger further upside extension toward 9500–10000 or higher targets.

On the downside, immediate support lies near 8300–8500, followed by stronger levels near 7000–6800. A breakdown below 8300 would be required to invite meaningful corrective pressure toward 7000–6800, though the dominant trend heavily favors buyers unless significant rejection develops.

Short term Research Report Call

Buy Above: 9000 | Targets: 9500, 10000 | Stop-loss: 8300

Sell Below: 8300 | Targets: 7000, 6800 | Stop-loss: 8500

Short term - Technical Outlook

Gold futures are currently trading near 160387, consolidating just below the immediate resistance zone around 161000–162000. Price continues to respect the ascending trendline connecting higher lows from the strong demand base near 150523–152000, maintaining a short-term bullish structure with steady support on minor dips.

The current zone around 160387–161000 shows small-bodied candles and low volatility, reflecting hesitation and balance between buyers and sellers near the upper boundary of the recent advance. The area near 160902–161696 remains a key supply barrier with multiple prior tests showing rejection. A decisive breakout and sustained close above 162000 could confirm renewed bullish momentum and target 164000–166400 or further toward 168000–169879 levels.

On the downside, immediate support lies near 158902–158000, followed by stronger structural support at 150523–152000. A breakdown below 158000 may invite short-term corrective pressure toward 156000–150523 levels.

Short term Research Report Call

Buy Above: 162000 | Targets: 164000, 166400 | Stop-loss: 158500

Sell Below: 158000 | Targets: 156000, 150523 | Stop-loss: 160000

Short term - Technical Outlook

Natural Gas futures are currently trading near 290.0, showing renewed buying interest and consolidating just above the breakout zone around 270–284 after the recent reversal from the multi-week downtrend lows. The price has formed a clear higher low and higher high structure in the latest sessions, with the green candle indicating strong short-term bullish momentum and successful defense of the 270–274 support area.

The descending trendline from February highs has been decisively broken, shifting the near-term bias to bullish and confirming a potential trend reversal or strong relief rally. The breakout above 284–297.7 levels has been followed by follow-through buying, though the current zone near 290 is seeing some consolidation after the sharp move. A sustained close above 300 could confirm further acceleration toward 320–330 or higher extension levels.

On the downside, immediate support now lies near 284–287, followed by the breakout origin around 270–274 and deeper demand at 257.9–260. A breakdown below 284 would be required to invalidate the current bullish shift and invite corrective pullback toward 270–260, though momentum strongly favors buyers at present.

Short term Research Report Call

Buy Above: 300 | Targets: 320, 330 | Stop-loss: 284

Sell Below: 284 | Targets: 270, 260 | Stop-loss: 290

Short term - Technical Outlook

Silver futures are currently trading near 267600, consolidating in the upper portion of the recovery range after showing steady upward pressure from the February lows. Price remains well supported by the ascending trendline connecting higher lows from the major demand base near 231368–257971, preserving a short-term bullish structure with consistent buyer absorption on dips.

The broader structure continues to be range-bound between the strong demand zone at 231000–240000 and the persistent supply/resistance area around 270000–291941. The current consolidation near 266000–268000 acts as short-term support, with recent candles showing small bodies and green closes indicating controlled buying interest. A decisive breakout and sustained close above 270000 could trigger fresh bullish momentum toward 280000–291941 and potentially open the path to 305000 and 333000 levels.

On the downside, immediate support lies at 265000–266000, followed by stronger demand near 260000 and the major zone at 257971–231368. A breakdown below 265000 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: 265000 | Targets: 260000, 231000 | Stop-loss: 268000