Technical Outlook – Crude Oil Futures 

Crude Oil Futures continue to trade in a broader bearish-to-range-bound structure after failing to sustain above the key resistance zones. The price action shows repeated rejection from the 5,430–5,450 supply area, followed by lower highs, confirming the presence of a descending trendline that continues to cap upside attempts. The recent pullback from the 5,300 region highlights weakening bullish momentum, with price once again drifting toward the mid-range support near 5,180–5,150. This zone remains crucial for short-term direction. A decisive breakdown below ?5,100 would expose the major demand area around 5,010, which has previously acted as a strong base. On the upside, any recovery is likely to face strong selling pressure near 5,300, followed by 5,430. The overall bias remains cautious to bearish unless Crude Oil manages to break and hold above the descending trendline and 5,300 on a closing basis. Until then, the structure favors sell-on-rise strategies within the defined range.

 

Short-Term Research Report Call
Buy Above: 5,320 | Targets: 5,380 – 5,430 | Stop-Loss: 5,260
Sell Below: 5,150 | Targets: 5,080 – 5,010 | Stop-Loss: 5,220

Technical Outlook – Gold Futures 

Gold Futures continue to trade firmly within a well-defined rising channel on the 4-hour timeframe, highlighting a strong bullish structure. After transitioning from a corrective descending channel into a higher-high, higher-low formation, prices have consistently respected the channel support and advanced toward the upper band. The current price action near 139,800–140,000 reflects consolidation close to channel resistance, indicating controlled profit booking rather than any structural weakness. As long as Gold holds above the channel midline and the key support zone around 137,500–138,000, the broader trend remains positive. A sustained breakout above 140,500 could open the door for further upside expansion toward 142,000 and higher. Conversely, failure to sustain above 137,500 may invite a deeper pullback toward 136,000, though such moves are likely to be corrective within the prevailing uptrend. Overall, momentum remains decisively bullish, with dips expected to attract buying interest.

Short-Term Research Report Call
Buy Above: 140,500 | Targets: 141,800 – 143,000 | Stop-Loss: 138,900
Sell Below: 137,500 | Targets: 136,200 – 135,000 | Stop-Loss: 139,200

Technical Outlook – Natural Gas Futures 

Natural Gas Futures are showing signs of short-term recovery after forming a base near the 350–355 demand zone, which has acted as a strong support in recent sessions. Following a sharp corrective decline from the upper end of the rising channel, prices entered a steep bearish leg before stabilizing and rebounding. The current structure indicates a pullback recovery within a broader corrective phase, with price now trading near 394–396. The zone around 400–420 remains a critical supply area, coinciding with prior horizontal resistance and the breakdown region. Unless Natural Gas sustains above this zone, upside momentum may remain capped and selling pressure could re-emerge. On the downside, 370–360 continues to act as an immediate support, while a decisive breakdown below 350 would reopen the path toward deeper bearish extension levels. Overall, the bias is cautiously positive in the very short term, but the broader structure still favors range-to-bearish behavior unless 420 is reclaimed decisively.

Short-Term Research Report Call
Buy Above: 405 | Targets: 415 – 425 | Stop-Loss: 388
Sell Below: 370 | Targets: 358 – 345 | Stop-Loss: 385