Short Term – Technical Outlook

Crude Oil futures are currently trading near 10,349, showing a steady green candle building on the strong multi-session recovery from the corrective lows near 8,500. The price has reclaimed the 10,000 level decisively and is now advancing toward the immediate overhead resistance band near 10,550, with buyer participation firm and the broader recovery structure intact though the near-term tone remains cautious given the proximity to significant overhead supply.

The broader structure maintains a cautious but constructive tone, with the price holding comfortably above key structural support and the recovery trend continuing to define the dominant near-term direction. The current zone near 10,300–10,400 reflects building buyer momentum ahead of a potential test of the 10,550 resistance band, with dip buyers continuing to defend the broader recovery structure. A sustained trade above 10,550 would confirm the continuation of the advance and invite upside momentum toward 10,600 and 10,650.

On the downside, immediate support lies near 10,085, followed by stronger structural demand near 9,810. A breakdown below 10,085 would delay the advance and invite a corrective phase, though the prevailing structure favours buyers on dips as long as price holds above key structural support.

 

Short Term Research Report Call

Buy Above: 10,550 | Targets: 10,600, 10,650 | Stop-loss: 10,500

Sell Below: 10,085 | Targets: 10,035, 9,985 | Stop-loss: 10,135

 

 

Short Term – Technical Outlook

Gold futures are currently trading near 159,401, showing a constructive green candle holding above the key structural support zone following the pullback from the recent highs near 162,500. The price continues to sustain above the ascending trendline and the broader recovery structure from the lows near 148,500 remains firmly intact, with buyer participation beginning to re-emerge near current levels and the near-term bias shifting cautiously bullish as dip buyers defend the trendline structure.

The broader structure remains cautiously bullish, with the ascending trendline continuing to provide strong dynamic support and the price holding comfortably above the key 157,000 structural support band. The current zone near 158,500–160,000 reflects early recovery intent following the corrective phase from the highs, with momentum showing improving signals in favour of buyers. A decisive breakout and sustained close above 161,500 would confirm the resumption of the bullish advance and invite upside momentum toward 163,000 and 164,500.

On the downside, immediate support lies near 157,000, followed by stronger structural demand near 154,000. A breakdown below 157,000 would delay the recovery and invite a deeper corrective phase, though the prevailing cautiously bullish trendline structure firmly favours buyers on dips as long as price holds above the key structural demand zone.

 

Short Term Research Report Call

Buy Above: 161,500 | Targets: 163,000, 164,500 | Stop-loss: 160,000

Sell Below: 157,000 | Targets: 155,500, 154,000 | Stop-loss: 158,500

 

 

Short Term – Technical Outlook

Natural Gas futures are currently trading near 293, showing a mild green candle consolidating below the key overhead resistance band near 296 following the sharp advance from the recent corrective lows near 262. Despite today's intraday stability, the price faces meaningful supply pressure near the 295–296 resistance zone and the near-term structure reflects a cautious tone, with buyers defending current levels but the advance requiring a decisive close above resistance to confirm continuation.

The broader structure maintains a cautious but constructive bias, with the price holding above the key 287 structural support and the ascending trendline continuing to provide dynamic demand on dips. The current consolidation near 291–294 reflects digestion ahead of a potential breakout above the 296 resistance band, with momentum continuing to favour the upside on any sustained close above supply. A sustained trade above 296 would confirm the next leg of the bullish advance and invite upside momentum toward 298 and 300.

On the downside, immediate support lies near 287, followed by stronger structural demand near 280. A breakdown below 287 would delay the advance and invite a corrective retracement, though the prevailing structure favours buyers on dips as long as price holds above the ascending trendline support.

 

Short Term Research Report Call

Buy Above: 296 | Targets: 298, 300 | Stop-loss: 294

Sell Below: 287 | Targets: 285, 283 | Stop-loss: 289

 

 

Short Term – Technical Outlook

Silver Futures are currently trading near 276,600, showing a mild green candle attempting to stabilise above the ascending trendline support following the extended multi-session pullback from the highs near 304,000. The price has held above the key trendline on each corrective dip and is beginning to attract fresh buyer interest at current levels, with the broader recovery structure from the lows near 235,000 remaining intact and the near-term bias shifting cautiously bullish as stabilisation emerges above trendline support.

The broader structure remains cautiously bullish, with the price holding above the ascending trendline and the corrective phase from the highs showing signs of exhaustion near current demand levels. The current zone near 275,000–277,500 reflects early recovery intent and improving buyer participation following the extended pullback. A sustained trade above 285,000 would confirm the resumption of the bullish advance and invite upside momentum toward 287,000 and 289,000, extending the recovery toward the prior highs.

On the downside, immediate support lies near 265,000, followed by stronger structural demand near 258,500. A breakdown below 265,000 would delay the recovery and invite renewed corrective pressure, though the prevailing trendline structure and broader bullish bias favour buyers on dips as long as price holds above key structural support.

 

Short Term Research Report Call

Buy Above: 285,000 | Targets: 287,000, 289,000 | Stop-loss: 283,000

Sell Below: 265,000 | Targets: 263,000, 261,000 | Stop-loss: 267,000