Short Term – Technical Outlook

Crude Oil futures are currently trading near 8,856, showing a mild recovery attempt with a green candle after a sustained multi-session decline from the highs near 10,400. Despite today's intraday bounce, the price continues to trade below key overhead resistance, reflecting a broader structure that remains under significant supply pressure following the aggressive breakdown from elevated levels.

The near-term bias continues to lean bearish, with the price unable to reclaim meaningful resistance and each recovery attempt attracting sellers at higher levels. The current zone near 8,800–8,900 represents a critical test, as the price consolidates near its recent corrective lows. A sustained trade below 8,685 would confirm renewed downside momentum and invite further pressure toward 8,545 and potentially lower structural support levels.

On the upside, immediate resistance lies near 8,960, followed by stronger overhead supply near 9,070–9,100. A decisive breakout and sustained close above 8,960 would be required to shift the near-term bias constructively, though the broader structure firmly favours sellers unless a clear and sustained recovery above resistance materialises.

Short Term Research Report Call

Buy Above: 8,960 | Targets: 9,100, 9,200 | Stop-loss: 8,685

Sell Below: 8,685 | Targets: 8,545, 8,350 | Stop-loss: 8,960

Short Term – Technical Outlook

Gold futures are currently trading near 153,239, showing a mild intraday pullback with a small red candle after price retreated from the recent session highs near 154,700–155,000. The broader structure remains constructively bullish, with price holding well above the key structural support base and the overall recovery from the lows near 144,000 continuing to define the dominant trend.

The short-term structure preserves its bullish character, with the current consolidation near 152,500–153,500 reflecting orderly digestion following the strong advance. Buyer participation continues to defend key support zones, and the price remains in a favourable position relative to its broader recovery trend. A decisive breakout and sustained close above 154,000 could confirm renewed bullish momentum and open the path toward 155,500 and 157,000.

On the downside, immediate support lies near 153,000, followed by stronger structural demand near 152,500. A breakdown below 153,000 may invite short-term corrective pressure toward 151,500–150,000, though the prevailing bullish momentum strongly favours buyers on dips unless a sustained close below key support occurs.

Short Term Research Report Call

Buy Above: 154,000 | Targets: 155,500, 157,000 | Stop-loss: 152,500

Sell Below: 153,000 | Targets: 151,500, 150,000 | Stop-loss: 154,500

Short Term – Technical Outlook

Natural Gas futures are currently trading near 247, showing mild consolidation with small-bodied candles forming beneath the 248–250 resistance band. The price has sustained an extended downtrend from levels above 280, with the broader structure reflecting persistent seller dominance and a consistent series of lower highs and lower lows across recent sessions.

The near-term bias remains firmly bearish, with the current consolidation indicating hesitation rather than genuine reversal intent. The sustained weakness below 250 has been accompanied by reduced buyer participation and continued red candle dominance on the higher timeframe. A sustained trade below 245 would confirm renewed bearish momentum and invite accelerated downside pressure toward 243 and lower extension zones.

On the upside, immediate resistance lies near 250, followed by stronger supply at 252–255. A breakout and sustained close above 250 would be required to neutralise the current bearish structure and signal a short-term recovery, though momentum firmly favours sellers on any intraday rally at present.

Short Term Research Report Call

Buy Above: 250 | Targets: 252, 255 | Stop-loss: 245

Sell Below: 245 | Targets: 243, 240 | Stop-loss: 250

Short Term – Technical Outlook

Silver Futures are currently trading near 248,300, showing a short-term pullback with a mild red candle after price retreated from the recent highs near 254,000–255,000. Despite the near-term consolidation, the broader recovery structure from the lows near 226,000 remains intact, with price holding above key demand zones and reflecting continued underlying buyer interest.

The broader structure remains constructively positioned on the higher timeframe, with the sustained recovery from lower levels preserving the bullish bias. The current zone near 247,000–249,000 represents a natural consolidation area following the sharp advance, reflecting short-term digestion rather than a shift in trend. A decisive breakout and sustained close above 250,000 could confirm resumption of the bullish advance and open the path toward 252,000 and 254,000.

On the downside, immediate support lies near 247,000, followed by stronger structural demand near 244,000. A breakdown below 248,000 would invite short-term corrective pressure toward 246,000–244,000, though the prevailing recovery momentum favours buyers on dips unless a clear and sustained breakdown below support occurs.

Short Term Research Report Call

Buy Above: 250,000 | Targets: 252,000, 254,000 | Stop-loss: 248,000

Sell Below: 248,000 | Targets: 246,000, 244,000 | Stop-loss: 250,000