Short Term – Technical Outlook

Crude Oil futures are currently trading near 10,085, showing a steady green candle sustaining above the key 10,000 psychological level following the strong multi-session recovery from the corrective lows near 8,500. The price has broken back above the 10,000 level with improving buyer conviction and continues to hold within the ascending recovery structure, with the broader bullish bias intact and momentum gradually favouring the upside despite the cautious undertone near the immediate overhead resistance band.

The broader structure remains cautiously bullish, with the price holding above the key 10,000 level and the ascending trendline continuing to provide dynamic support on dips. The current zone near 10,050–10,100 reflects building buyer confidence ahead of a potential approach toward the 10,235 resistance band. A sustained trade above 10,235 would confirm the next leg of the bullish advance and invite upside momentum toward 10,285 and 10,335, extending the recovery toward the prior highs.

On the downside, immediate support lies near 9,855, followed by stronger structural demand near 9,565. A breakdown below 9,855 would delay the recovery and invite a corrective phase, though the near-term bias favours buyers on dips as long as price holds above the ascending trendline support.

 

Short Term Research Report Call

Buy Above: 10,235 | Targets: 10,285, 10,335 | Stop-loss: 10,185

Sell Below: 9,855 | Targets: 9,805, 9,755 | Stop-loss: 9,905

 

 

Short Term – Technical Outlook

Gold futures are currently trading near 158,450, showing a mild red candle extending the corrective pullback from the sharp advance highs near 162,500. Despite the ascending trendline continuing to provide structural support well below current levels, the price has broken decisively beneath the key overhead resistance zone and continues to face consistent selling pressure at higher levels, with the near-term structure reflecting a cautiously bearish tone following the sustained rejection from the supply band near 159,500–161,000.

The broader near-term bias remains cautiously bearish, with the price retreating from the overhead supply zone and the corrective phase showing limited signs of reversal. The current zone near 158,000–159,000 represents a critical near-term juncture, with the price at risk of further corrective pressure if buyers fail to defend current structural support levels. A sustained trade below 157,500 would confirm renewed bearish momentum and invite downside pressure toward 156,000 and 154,500.

On the upside, a decisive breakout and sustained close above 159,500 would be required to neutralise the current cautiously bearish tone and invite a renewed bullish attempt, though the prevailing structure firmly favours sellers near resistance unless a clear and sustained close above the overhead supply band materialises.

 

Short Term Research Report Call

Buy Above: 159,500 | Targets: 161,000, 162,500 | Stop-loss: 158,000

Sell Below: 157,500 | Targets: 156,000, 154,500 | Stop-loss: 159,000

 

 

Short Term – Technical Outlook

Natural Gas futures are currently trading near 283.9, showing a small red candle consolidating just below the key overhead resistance band near 287 following the strong advance from the corrective lows near 262. Despite today's intraday pause, the price continues to sustain above the ascending trendline support and holds comfortably above the key structural support zone near 280, with buyer participation maintaining the recovery structure and the near-term bias remaining cautiously bullish.

The broader structure remains constructively bullish, with the ascending trendline continuing to define the dominant recovery trend and the price holding above the 280 structural demand zone. The current consolidation near 283–285 reflects natural digestion ahead of a potential breakout above the 287 resistance band, with buyers defending dips and momentum continuing to favour the upside. A sustained trade above 287 would confirm the continuation of the bullish advance and invite upside momentum toward 289 and 291, extending the recovery toward the 292 overhead supply zone.

On the downside, immediate support lies near 280, followed by stronger structural demand near 273.5. A breakdown below 280 would delay the recovery and invite a corrective retracement, though the prevailing cautiously bullish structure favours buyers on dips as long as price holds above the ascending trendline support.

 

Short Term Research Report Call

Buy Above: 287 | Targets: 289, 291 | Stop-loss: 285

Sell Below: 280 | Targets: 278, 276 | Stop-loss: 282

 

 

Short Term – Technical Outlook

Silver Futures are currently trading near 271,064, showing a mild green candle attempting to stabilise following the sustained multi-session decline from the recent highs near 304,000. Despite today's tentative bounce, the price remains significantly below the key overhead resistance bands and has been unable to reclaim meaningful structural levels, with sellers firmly asserting control on each attempted recovery and the near-term structure reflecting a cautiously bearish bias following the sharp rejection from elevated highs.

The broader near-term bias remains cautiously bearish, with the price printing consistent lower highs from the 304,000 peak and each attempted recovery being capped well below overhead supply. The current zone near 270,000–272,500 represents a critical near-term support area following the extended corrective phase, with the ascending trendline nearby providing the only structural support reference. A decisive breakdown below 265,000 would confirm renewed bearish momentum and invite corrective extension toward 263,000 and 261,000.

On the upside, a sustained breakout above 278,000 would be required to neutralise the near-term bearish bias and invite a short-term relief bounce, though the prevailing structure firmly favours sellers unless a decisive and sustained close above the overhead supply zone occurs.

 

Short Term Research Report Call

Buy Above: 278,000 | Targets: 280,000, 282,000 | Stop-loss: 276,000

Sell Below: 265,000 | Targets: 263,000, 261,000 | Stop-loss: 267,000