Short term - Technical Outlook

Crude Oil futures are currently trading near 8,705, showing strong bullish momentum with a prominent green candle after holding above the ascending trendline. The price has respected the long-term ascending trendline connecting higher lows from the strong demand base near 7,229–8,131 and broke above short-term consolidation levels, preserving the overall bullish structure on higher timeframe with today’s sharp close and increased volatility.

The broader structure remains strongly bullish on the higher timeframe, trading within the ascending channel after the decisive breakout above 8,494–8,653. The current zone around 8,705–8,973 displays strong buying pressure and higher volatility after the sharp move, reflecting buyer control near the upper part of the recent rally. A sustained close above 8,973 could confirm renewed bullish momentum and target 9,292 or higher extension levels within the channel.

On the downside, immediate support lies near 8,653–8,494 (recent swing lows and trendline confluence), followed by stronger structural support at 8,131. A breakdown below 8,653 may invite short-term corrective pressure toward 8,494–8,131 levels, though the dominant uptrend strongly favors buyers on dips unless sustained rejection persists.

Short term Research Report Call

Buy Above: 8973 | Targets: 9292, 9600 | Stop-loss: 8653

Sell Below: 8653 | Targets: 8494, 8131 | Stop-loss: 8705

Short term - Technical Outlook

Gold futures are currently trading near 139,007, showing mild recovery with a small green candle after recent red candles and consolidation. Price continues to respect the descending trendline connecting lower highs from the peak near 160,000, maintaining a short-term bearish structure with consistent seller pressure despite the minor bounce and reduced volatility near current levels.

The broader structure remains bearish on the higher timeframe, having broken and stayed below the previous support-turned-resistance zone around 144,044–149,101. The current consolidation near 138,000–140,000 shows small-bodied candles and lower volatility, indicating hesitation after the aggressive sell-off. A sustained close above 141,262 could signal short-term relief and invite a corrective bounce, though momentum strongly favours continuation lower at present while the descending trendline holds.

On the downside, immediate support lies near 136,828–135,263 (recent swing lows and trendline confluence), followed by stronger structural demand if breakdown occurs. A clear break below 136,828 would confirm renewed bearish momentum and invite deeper corrective pressure toward lower extensions aligned with the downward trendline.

Short term Research Report Call

Buy Above: 141262 | Targets: 144044, 149101 | Stop-loss: 136828

Sell Below: 136828 | Targets: 135263, 132000 | Stop-loss: 139007

Short term - Technical Outlook

Natural Gas futures are currently trading near 277, showing strong bullish momentum with a prominent green candle after holding above the ascending trendline support. The price has formed a clear higher low and is bouncing strongly from the trendline, confirming short-term buyer aggression following the rejection from the 286–298 supply zone.

The recent sessions have shifted the short-term bias firmly bullish, validating the stabilization and continuation after the pullback from higher levels. The sustained strength above 273 has been accompanied by green candle dominance and buyer follow-through. A sustained close above 280 could accelerate upside momentum toward 286 or higher extension levels.

On the upside, immediate resistance now lies near 280, followed by stronger supply at 286–298. A breakout above 280 would confirm renewed bullish shift and invite acceleration, though momentum strongly favours buyers on any dip at present.

Short term Research Report Call

Buy Above: 280 | Targets: 286, 298 | Stop-loss: 273

Sell Below: 273 | Targets: 268, 261 | Stop-loss: 277

Short term - Technical Outlook

Silver Futures are currently trading near 228,501, showing continued bearish pressure with a prominent red candle after failing to sustain above 230,888. Price continues to respect the overhead descending trendline connecting lower highs from the peak near 267,810, maintaining a short-term bearish bias with consistent seller dominance and lower lows formation despite occasional green candles testing the lower channel boundary.

The broader structure remains bearish-biased on the higher timeframe, trading below the descending trendline after the sustained breakdown from higher levels. The current zone around 228,501–230,888 displays strong selling pressure and higher volatility after the sharp move, reflecting seller control near the lower part of the recent decline. A decisive breakout and sustained close above 232,414 could signal short-term relief and trigger fresh upside momentum toward 242,151 or higher, though momentum strongly favours sellers unless clear reversal occurs.

On the downside, immediate support lies at 224,982–218,329 (recent swing lows and trendline confluence), followed by stronger structural demand if breakdown occurs. A clear break below 224,982 would confirm renewed bearish momentum and invite deeper corrective pressure toward lower extensions aligned with the downward trendline.

Short term Research Report Call

Buy Above: 232414 | Targets: 242151, 250000 | Stop-loss: 224982

Sell Below: 224982 | Targets: 218329, 215000 | Stop-loss: 228501