Short term - Technical Outlook

Crude Oil futures are currently trading near 8,321, showing strong bullish momentum with a prominent green candle after holding above the ascending trendline. The price has respected the long-term ascending trendline connecting higher lows from the strong demand base near 7,229–7,865 and broke above short-term consolidation levels, preserving the overall bullish structure on higher timeframe with today’s sharp close and increased volatility.

The broader structure remains strongly bullish on the higher timeframe, trading within the ascending channel after the decisive breakout above 8,400–8,762. The current zone around 8,321–8,789 displays strong buying pressure and higher volatility after the sharp move, reflecting buyer control near the upper part of the recent rally. A sustained close above 8,789 could confirm renewed bullish momentum and target 9,292 or higher extension levels within the channel.

On the downside, immediate support lies near 8,117–7,865 (recent swing lows and trendline confluence), followed by stronger structural support at 7,389. A breakdown below 8,117 may invite short-term corrective pressure toward 7,865–7,389 levels, though the dominant uptrend strongly favors buyers on dips unless sustained rejection persists.

Short term Research Report Call

Buy Above: 8789 | Targets: 9292, 9551 | Stop-loss: 8117

Sell Below: 8117 | Targets: 7865, 7389 | Stop-loss: 8321

Short term - Technical Outlook

Gold futures are currently trading near 137,545, showing continued bearish pressure with a prominent red candle after failing to sustain above 138,490. The price has formed a clear lower high and is testing the descending trendline support, confirming short-term seller aggression following the rejection from the 141,026–144,562 supply zone.

The recent sessions have shifted the short-term bias to bearish, validating the pullback and consolidation after the rally toward 149,101. The sustained weakness below 141,026 has been accompanied by red candle dominance and reduced buyer follow-through. A sustained close below 133,598 could accelerate downside momentum toward 132,000 or lower extension levels.

On the upside, immediate resistance now lies near 140,100–141,026, followed by stronger supply at 144,562–148,000. A breakout above 141,026 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: 141026 | Targets: 144562, 148000 | Stop-loss: 137545

Sell Below: 133598 | Targets: 132000, 128000 | Stop-loss: 137000

Short term - Technical Outlook

Natural Gas futures are currently trading near 272.6, showing mild positive momentum with a small green candle after holding the ascending trendline support. The price has formed a clear higher low and is bouncing from the trendline, confirming short-term buyer interest following the rejection from the 287.9–297.5 supply zone.

The recent sessions have shifted the short-term bias to cautious-to-bullish, validating the stabilization after the pullback from higher levels. The sustained strength above 267.3 has been accompanied by green candle and buyer follow-through. A sustained close above 279.2 could accelerate upside momentum toward 287.9 or higher extension levels.

On the upside, immediate resistance now lies near 279.2, followed by stronger supply at 287.9–297.5. A breakout above 279.2 would be required to confirm renewed bullish shift and invite acceleration, though momentum strongly favours buyers on any dip at present.

Short term Research Report Call

Buy Above: 279.2 | Targets: 287.9, 297.5 | Stop-loss: 272.1

Sell Below: 272.1 | Targets: 267.3, 260.9 | Stop-loss: 276

Short term - Technical Outlook

Silver Futures are currently trading near 221,800, showing sharp bearish pressure with a prominent red candle (-3.86%) after failing to sustain above 224,981. Price continues to respect the overhead descending trendline connecting lower highs from the peak near 267,810, maintaining a short-term bearish bias with consistent seller dominance and lower lows formation despite occasional green candles 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 221,800–224,981 displays strong selling pressure and higher volatility after the sharp move, reflecting seller control near the lower part of the recent decline. A decisive breakout and sustained close above 232,414 could signal short-term relief and trigger fresh upside momentum toward 241,922 or higher, though momentum strongly favours sellers unless clear reversal occurs.

On the downside, immediate support lies at 215,000–207,784 (recent swing lows and trendline confluence), followed by stronger structural demand if breakdown occurs. A clear break below 215,000 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: 232414 | Targets: 241922, 250000 | Stop-loss: 221800

Sell Below: 215000 | Targets: 207784, 200000 | Stop-loss: 221800