Short term - Technical Outlook

Crude Oil futures are currently trading near 9,400, 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 7,230–8,415 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 8,786–8,973. The current zone around 9,400–9,525 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 9,525 could confirm renewed bullish momentum and target 10,000 or higher extension levels within the channel.

On the downside, immediate support lies near 9,240–8,785 (recent swing lows and trendline confluence), followed by stronger structural support at 8,415. A breakdown below 9,240 may invite short-term corrective pressure toward 8,785–8,415 levels, though the dominant uptrend strongly favors buyers on dips unless sustained rejection persists.

Short term Research Report Call

Buy Above: 9525 | Targets: 10000 | Stop-loss: 9240

Sell Below: 9240 | Targets: 8785, 8415 | Stop-loss: 9400

Short term - Technical Outlook

Gold futures are currently trading near 144000, 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 145000–148000. The current consolidation near 143000–144000 shows small-bodied candles and lower volatility, indicating hesitation after the aggressive sell-off. A sustained close above 145000 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 139000–136000 (recent swing lows and trendline confluence), followed by stronger structural demand if breakdown occurs. A clear break below 139000 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: 145000 | Targets: 148000, 150000 | Stop-loss: 139000

Sell Below: 139000 | Targets: 136000, 132000 | Stop-loss: 144000

Short term - Technical Outlook

Natural Gas futures are currently trading near 291, showing strong bullish momentum with a prominent green candle after holding above the ascending trendline support. The price has formed a clear higher low and is bouncing strongly from the trendline, confirming short-term buyer aggression following the rejection from the 296 supply zone.

The recent sessions have shifted the short-term bias firmly bullish, validating the stabilization and continuation after the pullback from higher levels. The sustained strength above 280 has been accompanied by green candle dominance and buyer follow-through. A sustained close above 296 could accelerate upside momentum toward 305 or higher extension levels.

On the upside, immediate resistance now lies near 296, followed by stronger supply at 305–310. A breakout above 296 would confirm renewed bullish shift and invite acceleration, though momentum strongly favours buyers on any dip at present.

Short term Research Report Call

Buy Above: 296 | Targets: 305, 310 | Stop-loss: 280

Sell Below: 280 | Targets: 273, 267 | Stop-loss: 285

Short term - Technical Outlook

Silver Futures are currently trading near 232500, showing continued bearish pressure with a prominent red candle after failing to sustain above 232500. 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 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 232500–233000 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 232500 could signal short-term relief and trigger fresh upside momentum toward 237500 or higher, though momentum strongly favours sellers unless clear reversal occurs.

On the downside, immediate support lies at 225000–218500 (recent swing lows and trendline confluence), followed by stronger structural demand if breakdown occurs. A clear break below 225000 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: 232500 | Targets: 237500, 242500 | Stop-loss: 225000

Sell Below: 225000 | Targets: 218500, 215000 | Stop-loss: 232500