Short term - Technical Outlook

Crude Oil futures are currently trading near 7,950, showing strong bullish momentum with a prominent green candle after breaking above the prior consolidation range. The current candle reflects sustained buyer aggression with the session high of 7,960 indicating continued upside pressure and limited seller resistance at current levels.

The broader structure has turned decisively bullish, with a clear sequence of higher lows and higher highs forming over the recent sessions. The sharp recovery from the 7,557 base has propelled price into fresh highs, and momentum firmly favours buyers. A sustained close above 8,000 would reinforce the bullish continuation and invite upside extension toward 8,150 and beyond.

On the downside, immediate support lies near 7,866, followed by stronger structural demand at 7,744. A breakdown below 7,744 would signal short-term exhaustion of the current rally and invite corrective pressure, though the dominant uptrend strongly favours buyers on any dip at present.

 

Short term Research Report Call

Buy Above: 8,150 | Targets: 8,195, 8,240 | Stop-loss: 8,105

Sell Below: 7,865 | Targets: 7,820, 7,775 | Stop-loss: 7,910

 

 

Short term - Technical Outlook

Gold futures are currently trading near 141,010, showing a mild positive candle after opening at 140,920 and edging slightly higher within a narrow range. The price has been compressing between 139,930 and 141,890 over the recent sessions, and the current candle reflects cautious buyer interest near the lower boundary of the range with no meaningful breakout conviction visible.

The broader structure remains bearish, with the recent decline having erased a significant portion of the prior recovery. Price is trading near a critical demand zone between 139,930 and 141,000, which has provided intermittent support in recent sessions. A sustained close above 141,890 would signal a potential base formation and open the path toward 143,390 and higher, though the sequence of lower highs continues to exert structural pressure favouring sellers on any strength.

On the downside, immediate support lies near 140,730–140,180, followed by the deeper structural floor at 139,930. A clear break below 140,730 would confirm renewed bearish momentum and expose the 139,930 level, with risk of further extension lower, though buyers have shown periodic willingness to defend the 140,000–141,000 area in recent sessions.

 

Short term Research Report Call

Buy Above: 141,890 | Targets: 143,390, 144,890 | Stop-loss: 140,390

Sell Below: 140,730 | Targets: 139,230, 137,730 | Stop-loss: 142,230

 

 

Short term - Technical Outlook

Natural Gas futures are currently trading near 281.5, showing a mild positive candle after opening at 279.7 and edging higher within a narrow range. The price remains well below the overhead resistance zone following the sharp breakdown, and the current candle reflects tentative stabilization rather than any meaningful reversal of the dominant bearish structure.

The broader structure remains bearish, with price unable to mount any credible recovery above the 283–285 resistance band. Each bounce attempt has been capped and reversed, and the current consolidation near 280–282 sits just above the lower support zone. Failure to hold 280 would expose the 276 structural demand level and risk deeper extension, while the path of least resistance continues to favour the downside.

On the upside, immediate resistance lies near 283.9–285, followed by the stronger supply zone at 287. A sustained close above 287 would be the first credible signal of corrective recovery, though the prevailing structure firmly favours sellers on any strength at present.

 

Short term Research Report Call

Buy Above: 287 | Targets: 289, 291 | Stop-loss: 285

Sell Below: 280 | Targets: 278, 276 | Stop-loss: 282

 

 

Short term - Technical Outlook

Silver Futures are currently trading near 216,450, showing a marginal green candle after opening at 216,200 with limited early movement. The price continues to drift lower within a well-established downtrend, with consecutive lower highs and lower lows reflecting persistent seller dominance. The current candle offers no credible signs of base formation at present levels.

The broader structure remains firmly bearish, having broken below the key support zone at 220,000 and now trading near the 213,780–218,240 demand band. Selling has been orderly and progressive with no meaningful buyer absorption at prior support levels. A sustained close above 220,330 would be required to signal short-term relief and invite a corrective bounce, though momentum continues to strongly favour the downside.

On the downside, immediate support lies near 213,790, followed by deeper structural demand at 211,110. A clear break below 213,790 would confirm continuation of the bearish trend and accelerate downside toward 211,290 and lower, though the proximity to the demand zone may generate brief intraday stabilization.

 

Short term Research Report Call

Buy Above: 220,330 | Targets: 222,830, 225,330 | Stop-loss: 217,830

Sell Below: 213,790 | Targets: 211,290, 208,790 | Stop-loss: 216,290