Short term - Technical Outlook

Crude Oil futures are currently trading near 10,410, 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 7,230–8,415 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 8,785–8,975. The current zone around 10,410–10,540 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 10,540 could confirm renewed bullish momentum and target 10,650 or higher extension levels within the channel.

On the downside, immediate support lies near 9,900–9,565, followed by stronger structural support at 8,850. A breakdown below 9,900 may invite short-term corrective pressure toward 9,565–8,850 levels, though the dominant uptrend strongly favors buyers on dips unless sustained rejection persists.

Short term Research Report Call

Buy Above: 10540 | Targets: 10650, 11000 | Stop-loss: 9900

Sell Below: 9900 | Targets: 9565, 8850 | Stop-loss: 10410

Short term - Technical Outlook

Gold futures are currently trading near 144000, 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 160000, 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 145000–148000. The current consolidation near 143000–144000 shows small-bodied candles and lower volatility, indicating hesitation after the aggressive sell-off. A sustained close above 145000 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 142000–139000 (recent swing lows and trendline confluence), followed by stronger structural demand if breakdown occurs. A clear break below 142000 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: 145000 | Targets: 148000, 150000 | Stop-loss: 142000

Sell Below: 142000 | Targets: 139000, 136000 | Stop-loss: 144000

Short term - Technical Outlook

Natural Gas futures are currently trading near 264, showing mild bearish pressure with a small red candle after failing to sustain above 266. The price has formed a lower high and is testing the ascending trendline support, confirming short-term seller aggression following the rejection from the 280 supply zone.

The recent sessions have shifted the short-term bias to cautious-to-bearish, validating the pullback and consolidation after the rally toward 305. The sustained weakness below 275 has been accompanied by red candle dominance and reduced buyer follow-through. A sustained close below 265 could accelerate downside momentum toward 260 or lower extension levels.

On the upside, immediate resistance now lies near 275, followed by stronger supply at 280–290. A breakout above 275 would be required to invalidate the current bearish shift and invite a corrective bounce, though momentum strongly favours sellers on any rally at present.

Short term Research Report Call

Buy Above: 275 | Targets: 280, 290 | Stop-loss: 265

Sell Below: 265 | Targets: 260, 255 | Stop-loss: 270

Short term - Technical Outlook

Silver Futures are currently trading near 236000, showing strong recovery with a prominent green candle after holding above the recent lows near 234000. Price continues to respect the overhead descending trendline connecting lower highs from the peak near 267810, maintaining a short-term bearish bias with consistent seller dominance despite the strong bounce and green candle 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 236000–237000 displays strong buying pressure and higher volatility after the sharp move, reflecting short-term relief buying near the lower part of the recent decline. A decisive breakout and sustained close above 247000 could signal short-term relief and trigger fresh upside momentum toward 251500 or higher, though momentum strongly favours sellers unless clear reversal occurs.

On the downside, immediate support lies at 232500–223000 (recent swing lows and trendline confluence), followed by stronger structural demand if breakdown occurs. A clear break below 232500 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: 247000 | Targets: 251500, 257000 | Stop-loss: 232500

Sell Below: 232500 | Targets: 223000, 218500 | Stop-loss: 236000