Short term - Technical Outlook

Crude Oil futures are currently trading near 9,275, showing sharp corrective pullback with a prominent red candle after failing to sustain above the recent highs near 9,450–9,850. The price has respected the long-term ascending trendline connecting higher lows from the strong demand base near 7,230–8,415 but broke below short-term consolidation levels, preserving the overall bullish structure on higher timeframe despite today’s rejection 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 9,275–9,200 displays strong selling pressure and higher volatility after the sharp move, reflecting short-term exhaustion or profit booking near the upper part of the recent rally. A sustained close above 9,525 could confirm renewed bullish momentum and target 9,850 or higher extension levels within the channel.

On the downside, immediate support lies near 9,200–8,850 (recent swing lows and trendline confluence), followed by stronger structural support at 8,415. A breakdown below 9,200 may invite short-term corrective pressure toward 8,850–8,415 levels, though the dominant uptrend strongly favors buyers on dips unless sustained rejection persists.

Short term Research Report Call

Buy Above: 9525 | Targets: 9850, 10000 | Stop-loss: 9200

Sell Below: 9200 | Targets: 8850, 8415 | Stop-loss: 9275

Short term - Technical Outlook

Gold futures are currently trading near 152000, 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 153000–155800. The current consolidation near 151000–152000 shows small-bodied candles and lower volatility, indicating hesitation after the aggressive sell-off. A sustained close above 153000 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 149000–146000 (recent swing lows and trendline confluence), followed by stronger structural demand if breakdown occurs. A clear break below 149000 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: 153000 | Targets: 155800, 158000 | Stop-loss: 149000

Sell Below: 149000 | Targets: 146000, 143000 | Stop-loss: 152000

Short term - Technical Outlook

Natural Gas futures are currently trading near 266, showing mild bearish pressure with a small red candle after failing to sustain above 269. The price has formed a lower high and is holding 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 262 could accelerate downside momentum toward 257 or lower extension levels.

On the upside, immediate resistance now lies near 275, followed by stronger supply at 280–288. 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, 288 | Stop-loss: 262

Sell Below: 262 | Targets: 257, 250 | Stop-loss: 267

Short term - Technical Outlook

Silver Futures are currently trading near 246000, showing strong recovery with a prominent green candle after holding above the recent lows near 245000. 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 246000–247000 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 251500 could signal short-term relief and trigger fresh upside momentum toward 257000 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: 251500 | Targets: 257000, 262500 | Stop-loss: 232500

Sell Below: 232500 | Targets: 223000, 218500 | Stop-loss: 246000