Short Term – Technical Outlook

Crude Oil futures are currently trading near 7,725, showing signs of stabilisation with a small green candle following the recent sharp corrective move from elevated levels. The price has held firm near the lower boundary of the broader ascending structure, with early buyer interest emerging at current levels as dip buyers begin to reassert presence following the aggressive markdown.

The broader structure remains supported on the higher timeframe, with the long-term ascending channel intact and buyer interest visible near the current demand zone. The current zone near 7,690–7,750 represents a meaningful accumulation area, reflecting early signs of stabilisation after the corrective phase. A sustained trade above 7,900 would confirm buyer re-entry and invite accelerated upside momentum toward the 7,950–8,000 zone and higher extension levels.

On the downside, immediate support lies near 7,690, followed by stronger structural demand near 7,490. A breakdown below 7,690 may invite short-term corrective pressure toward 7,490, though the dominant broader trend strongly favours buyers on dips as long as price holds above key structural support levels.

Short Term Research Report Call

Buy Above: 7,900 | Targets: 7,950, 8,000 | Stop-loss: 7,690

Sell Below: 7,690 | Targets: 7,490, 7,300 | Stop-loss: 7,900

Short Term – Technical Outlook

Gold futures are currently trading near 154,605, showing mild intraday weakness with a small red candle following the recent advance toward the overhead resistance band near 155,500–156,700. The price has encountered significant selling pressure near the upper resistance zone, with the short-term structure reflecting supply dominance at elevated levels and reduced buyer follow-through following the multi-session recovery.

The broader near-term bias has shifted cautiously bearish, with the price stalling decisively below the overhead resistance band and sellers asserting control near the 154,500–155,000 zone. The current consolidation reflects distribution near recent highs, with the price at risk of a corrective pullback toward lower structural support levels. A sustained trade below 154,000 would confirm renewed bearish pressure and invite downside momentum toward 152,000 and 150,500.

On the upside, a sustained breakout above 155,500 would be required to invalidate the current bearish shift and invite fresh buyers, though the near-term structure firmly favours sellers near the current resistance zone unless a clear and decisive close above overhead supply materialises.

Short Term Research Report Call

Buy Above: 155,500 | Targets: 157,000, 158,500 | Stop-loss: 154,000

Sell Below: 154,000 | Targets: 152,000, 150,500 | Stop-loss: 155,500

Short Term – Technical Outlook

Natural Gas futures are currently trading near 250.5, showing a mild recovery attempt with a small green candle after finding support near the lower consolidation boundary. The price has held above key near-term support near 248.5, with buyer interest gradually emerging following the extended multi-session decline from higher levels, reflecting early stabilisation and tentative dip-buying activity.

The broader structure shows signs of basing near the current zone, with the price holding above the 248.5 demand level and beginning to attract buyer participation following the correction from levels above 270. The current consolidation near 249–251 indicates absorption at support, with momentum showing early signs of shifting in favour of buyers. A sustained trade above 252.5 would confirm the recovery and invite upside momentum toward 255 and 257.

On the downside, immediate support lies near 248.5, followed by stronger demand near 246–244. A breakdown below 248.5 may invite a brief revisit of lower levels, though the broader bias favours buyers on dips as long as price sustains above key support, with momentum expected to improve on any close above 252.5.

Short Term Research Report Call

Buy Above: 252.5 | Targets: 255, 257 | Stop-loss: 248.5

Sell Below: 248.5 | Targets: 246, 244 | Stop-loss: 250.5

Short Term – Technical Outlook

Silver Futures are currently trading near 258,000, showing a mild pause with a small red candle following the sharp advance toward the overhead resistance zone near 261,500. Despite the intraday consolidation, the price is approaching a significant supply band, and the short-term structure reflects distribution risk near current elevated levels with sellers beginning to assert at resistance.

The broader short-term structure has shifted toward caution near current levels, with the price stalling below the immediate overhead supply band near 261,500–263,500 and momentum indicators showing early signs of exhaustion following the sharp advance. The current zone near 257,500–259,000 reflects buyer hesitation and early profit-taking near resistance. A decisive breakdown below 255,500 would confirm near-term exhaustion and invite corrective pressure toward 249,000 and lower extension zones.

On the upside, a sustained breakout above 261,500 would be required to invalidate the bearish bias and invite fresh buying, though the current structure and price positioning near resistance strongly favours sellers unless a decisive close above overhead supply occurs.

Short Term Research Report Call

Buy Above: 261,500 | Targets: 263,500, 265,500 | Stop-loss: 255,500

Sell Below: 255,500 | Targets: 249,000, 246,000 | Stop-loss: 258,000