Short term Technical Outlook
Crude Oil futures are currently trading around 5,168, attempting to hold above the immediate support zone near 5,150. Price remains in a broader downtrend, consistently respecting the descending trendline stretching from the recent swing highs.

On the upside, 5,303 acts as the first major resistance, followed by the stronger supply zone at 5,433, where repeated rejections have occurred. A breakout above 5,433 would be the first signal of trend reversal.

On the downside, if price closes below 5,150, bearish momentum may extend toward 5,010, which remains a strong demand area. Overall trend remains weak unless bulls regain control above 5,303 – 5,433.

---

Short-Term Research Report Call
Buy Above: 5,303 | Targets: 5,380 – 5,433 | Stop-Loss: 5,240
Sell Below: 5,150 | Targets: 5,080 – 5,010 | Stop-Loss: 5,220

 

Short term Technical Outlook
Gold futures are currently trading near 125,125, attempting to break above the descending trendline resistance. Price is consolidating just above the key horizontal level at 124,407, which has now turned into an important pivot zone.

The market is trading inside a broad descending channel, but recent higher lows suggest buyers are gradually gaining strength. A confirmed breakout above the trendline and 125,200–125,500 will signal a short-term bullish reversal, opening the path toward 126,300–127,000.

On the downside, support sits at 124,407, followed by a deeper support pocket near 120,623. A failure to hold above 124,407 could push price back toward the mid-channel zone and possibly 121,000 levels.

Short-Term Research Report Call
Buy Above: 125,200 | Targets: 126,000 – 127,000 | Stop-Loss: 124,300
Sell Below: 124,400 | Targets: 123,200 – 122,300 | Stop-Loss: 125,100

 

Short term Technical Outlook
Natural Gas futures are currently trading around 399.9, showing a pullback after failing to sustain above the major resistance zone at 406.9. Price is now consolidating near this supply area after an aggressive breakout rally from 317.7 and 363.5.

The broader trend remains bullish, supported by the breakout from the long-term falling channel and the formation of higher highs and higher lows. As long as the market holds above 363.5, bullish momentum remains intact.

A sustained move above 407–414 will re-trigger upside momentum and open the path toward 425–435 in the short term. However, rejection from ?406.9 may lead to a healthy retracement toward 380–363 where strong demand exists.

Short-Term Research Report Call
Buy Above: 407 | Targets: 420 – 430 | Stop-Loss: 392
Sell Below: 380 | Targets: 368 – 363 | Stop-Loss: 392