Short term - Technical Outlook

Crude Oil futures are currently trading near 6930, consolidating after the sharp breakout and impulsive rally from the previous resistance zone around 6100–6126. The price has sustained strong bullish momentum, forming a clear higher high and higher low structure on the higher timeframe, supported by the ascending trendline from the 5642 base and increased buying interest visible in recent sessions.

The breakout above 6126 has been confirmed with follow-through buying, though the latest candles show some minor pullback and hesitation near the 6950–7000 area after the explosive move. This suggests short-term consolidation or profit booking, but the overall trend remains strongly bullish. A sustained move above 7000 could trigger further upside acceleration toward 7200–7340 levels.

On the downside, immediate support has shifted to the breakout zone around 6800–6900, followed by stronger structural levels near 6126–6000. A breakdown below 6800 may invite short-term corrective pullback toward 6126–5800, though current momentum strongly favors continuation unless significant rejection develops.

Short term Research Report Call

Buy Above: 7000 | Targets: 7200, 7340 | Stop-loss: 6800

Sell Below: 6800 | Targets: 6126, 6000 | Stop-loss: 6900

Short term - Technical Outlook

Gold futures are currently trading near 161600, consolidating just below the immediate resistance zone around 162000–164000. 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 area around 161600–162000 is acting as a supply barrier, with the latest session showing a small red candle and mild pullback pressure indicating hesitation near the upper levels. A decisive breakout and sustained close above 162000 could confirm renewed bullish momentum and target 166400–169000 or further toward 172000–174000 levels.

On the downside, immediate support lies near 160858–160000, followed by stronger structural support at 150523–152000. A breakdown below 160000 may invite short-term corrective pressure toward 150523–148000 levels.

Short term Research Report Call

Buy Above: 162000 | Targets: 166400, 169000 | Stop-loss: 158500

Sell Below: 160000 | Targets: 152000, 150523 | Stop-loss: 161000

Short term - Technical Outlook

Natural Gas futures are currently trading near 270.6, consolidating tightly just above the major demand zone around 257.9–270 after the prolonged downtrend from the late-January/February peak near 650–600 levels. The price has formed a series of lower highs and lower lows on the broader timeframe, with the descending trendline from the highs still acting as dynamic resistance and capping any meaningful upside attempts.

Recent candles continue to show low volatility, small bodies, and minor hesitation near the 270–274 area, reflecting persistent bearish control but also signs of short-term selling exhaustion near the bottom of the multi-month channel. The structure remains bearish overall, with the critical support cluster at 257.9–270 acting as the last significant defense. A decisive breakdown and sustained close below 257.9 could accelerate downside momentum toward 230–220 levels.

On the upside, immediate resistance lies near 297.7–300 (dotted horizontal level and recent minor swing highs), followed by stronger supply at 325–350 and the descending trendline. A sustained breakout and close above 300 would signal short-term reversal potential and open the path for a relief rally toward 350–410 levels.

Short term Research Report Call

Buy Above: 300 | Targets: 350, 410 | Stop-loss: 270

Sell Below: 257.9 | Targets: 230, 220 | Stop-loss: 270

Short term - Technical Outlook

Silver futures are currently trading near 266156, consolidating near the upper end of the recent recovery range after pulling back mildly from the 269000–269936 area. Price continues to form higher lows from the major demand base near 231368, maintaining a short-term bullish structure supported by the ascending trendline connecting recent swing lows.

The broader structure remains range-bound between the strong demand zone at 231000–235000 and the key supply/resistance area around 280000–291941. The latest red candle indicates short-term hesitation and profit booking near the 269000 level, but the overall uptrend from February lows is intact unless support breaks. A decisive breakout and sustained close above 292000 could trigger fresh upside momentum toward 305000 and further to 333000–333278 levels.

On the downside, immediate support lies at 260000–264000, followed by stronger demand near 250000 and the major zone at 231368. A breakdown below 260000 may invite short-term corrective pressure toward 245000–231000.

Short term Research Report Call

Buy Above: 292000 | Targets: 305000, 333000 | Stop-loss: 275000

Sell Below: 260000 | Targets: 245000, 231000 | Stop-loss: 265000