Short term - Technical Outlook

Crude Oil futures are currently trading near 9,122, showing a corrective pullback with a red candle after the sharp rally from lows near 8,860. Price continues to hold above the key demand zone, preserving the broader bullish structure with buyers defending the short-term floor and limiting deeper downside.

The broader structure remains constructively bullish on the higher timeframe, with price maintaining higher lows from the strong demand base near 8,537–8,860. The current consolidation around 9,122–9,260 reflects healthy profit booking after the strong rally, rather than a trend reversal. A sustained close above 9,340 would confirm renewed bullish momentum and open the path toward 9,380 and higher extension levels, with the dominant trend continuing to favour buyers on dips.

On the downside, immediate support lies near 8,860–8,540, with 8,860 acting as a strong structural floor. A breakdown below 8,860 may invite short-term corrective pressure toward 8,820–8,780, though the overall uptrend strongly favours buyers as long as price holds above key support levels.

Short term Research Report Call

Buy Above: 9,340 | Targets: 9,380, 9,420 | Stop-loss: 9,300

Sell Below: 8,860 | Targets: 8,820, 8,780 | Stop-loss: 8,900

Short term - Technical Outlook

Gold futures are currently trading near 152,690, showing continued weakness with a small red candle after failing to sustain above the 153,500 resistance zone. Price continues to face consistent selling pressure near the upper boundary of the current range, with sellers maintaining control and limiting any meaningful upside recovery.

The broader structure remains cautious-to-bearish on the short-term timeframe, with price repeatedly rejected at the 153,500 resistance zone and failing to build sustained upside momentum. The current consolidation around 152,000–153,500 shows persistent seller dominance at higher levels, with small-bodied candles indicating hesitation and reduced buyer conviction. A sustained close above 155,000 would be required to shift the short-term bias and invite fresh buying interest, though momentum strongly favours sellers on any rally while price remains below the resistance zone.

On the downside, immediate support lies near 148,500–147,000, followed by stronger structural demand at 145,500. A clear break below 148,500 would confirm renewed bearish momentum and open the path toward 147,000 and lower extension levels.

Short term Research Report Call

Buy Above: 155,000 | Targets: 156,500, 158,000 | Stop-loss: 153,500

Sell Below: 148,500 | Targets: 147,000, 145,500 | Stop-loss: 150,000

Short term - Technical Outlook

Natural Gas futures are currently trading near 248, showing a mild corrective dip with a small red candle after holding the key demand zone near 247. Price continues to respect the short-term support structure, with buyers defending the floor and limiting any meaningful downside extension following the recent decline.

The broader structure reflects stabilisation near the current lows, with price finding consistent support around 247–248 and showing signs of base formation. The current zone displays reduced selling momentum and early signs of buyer interest building near the lower boundary. A sustained close above 254 would confirm a bullish shift and invite fresh upside momentum toward 256 and higher extension levels, with the near-term bias gradually tilting in favour of buyers on any dip.

On the downside, immediate support lies near 247–243, with 247 acting as the key short-term floor. A breakdown below 247 may invite brief corrective pressure toward 245–243, though the dominant near-term view favours a recovery as long as price sustains above the current demand zone.

Short term Research Report Call

Buy Above: 254 | Targets: 256, 258 | Stop-loss: 252

Sell Below: 247 | Targets: 245, 243 | Stop-loss: 249

Short term - Technical Outlook

Silver futures are currently trading near 243,300, showing mild bearish pressure with a red candle after failing to sustain above the 244,000 resistance zone. Price continues to face consistent selling pressure near the upper boundary of the recent range, with sellers capping every recovery attempt and maintaining downside bias.

The broader structure remains bearish-biased on the higher timeframe, with price struggling to hold above the 244,000 resistance zone despite multiple attempts. The current consolidation around 242,000–244,000 shows persistent seller aggression at higher levels, with reduced buyer follow-through on any bounce. A clear breakdown below 237,000 would confirm renewed bearish momentum and invite deeper corrective pressure toward 234,500 and lower structural levels, while momentum continues to favour sellers unless a decisive close above 244,000 occurs.

On the downside, immediate support lies near 237,000–234,500. A sustained break below 237,000 would accelerate selling pressure toward 234,500 and lower extension levels aligned with the prevailing bearish structure.

Short term Research Report Call

Buy Above: 244,000 | Targets: 246,500, 249,000 | Stop-loss: 241,500

Sell Below: 237,000 | Targets: 234,500, 232,000 | Stop-loss: 239,500