Short term - Technical Outlook

Crude Oil futures are currently trading near 9,239, showing mild positive momentum with a small green candle as the recovery from the 8,310 lows continues to build structure above the 9,200 level. Price has established a sequence of higher lows over the past several sessions following the sharp reversal from the long-term ascending trendline support, and the current candle reflects controlled buyer participation rather than aggressive follow-through.

The short-term bias is cautiously bullish following the decisive bounce from multi-week support. Price is now approaching the 9,335–9,450 resistance band, and a decisive close above 9,335 would confirm that buyers are regaining near-term control and open the path toward 9,380 and 9,425. The volume profile over the past several sessions continues to support the recovery narrative, and the long-term ascending trendline from early April remains a key structural anchor beneath current price.

On the downside, immediate support is seen near 8,945. A sustained close below 8,945 would signal a stalling of the recovery and invite corrective pressure toward 8,900 and 8,855, shifting the near-term momentum back toward sellers. Until then, the structure continues to favour buyers on any dip toward the 9,050–9,100 zone.

 

Short term Research Report Call

Buy Above: 9,335 | Targets: 9,380, 9,425 | Stop-loss: 9,290

Sell Below: 8,945 | Targets: 8,900, 8,855 | Stop-loss: 8,990

 

 

Short term - Technical Outlook

Gold futures are currently trading near 158,445, showing mild negative pressure with a small red candle as price struggles to sustain the recovery momentum from the 153,500 lows established earlier this week. The current session reflects continued indecision near the 158,000–159,000 zone, with buyers failing to push decisively above the key 159,000 resistance level and the broader corrective structure from the May highs remaining intact.

The short-term bias is cautiously bearish, with price consolidating below the 159,000 resistance and the prior descending sequence of lower highs continuing to exert overhead pressure. A decisive close above 159,000 would be required to meaningfully shift the near-term momentum and open a path toward 160,500 and 162,000, validating the sharp recovery from the week's lows as a genuine trend reversal rather than a temporary relief bounce. Until that occurs, any upside attempt is likely to be capped at the 158,961–159,026 resistance band.

On the downside, immediate support is seen near 157,000. A sustained close below 157,000 would indicate that the recovery has failed and invite renewed bearish pressure toward 155,500 and 154,000, bringing the prior week's lows back into focus. The 157,000 level is the near-term pivot that buyers must defend to keep the cautious recovery narrative alive.

 

Short term Research Report Call

Buy Above: 159,000 | Targets: 160,500, 162,000 | Stop-loss: 157,500

Sell Below: 157,000 | Targets: 155,500, 154,000 | Stop-loss: 158,500

 

 

Short term - Technical Outlook

Natural Gas futures are currently trading near 309, showing mild positive momentum with a small green candle as price continues to consolidate above the ascending trendline support following the sharp pullback from the 323 peak. The current session reflects a measured recovery attempt within the 302–315 consolidation zone, with buyers showing tentative interest near the trendline while the broader structure preserves its bullish character from the late May base.

The short-term bias is cautiously bullish, with price holding above the ascending trendline and the sequence of higher lows from late May remaining intact. The 306 level has been acting as the immediate support reference during the recent consolidation, and a decisive close above 306 from current levels would reinforce the recovery bias and invite a push toward 308 and 310. The ascending trendline continues to slope upward beneath current price, providing the structural anchor for the near-term bullish case.

On the downside, a sustained close below 302 would negate the cautiously bullish setup and confirm a deeper unwind toward 300 and 298, putting the ascending trendline structure under meaningful pressure. As long as price holds above 302 on a closing basis, the bias continues to favour buyers on intraday dips.

 

Short term Research Report Call

Buy Above: 306 | Targets: 308, 310 | Stop-loss: 304

Sell Below: 302 | Targets: 300, 298 | Stop-loss: 304

 

 

Short term - Technical Outlook

Silver Futures are currently trading near 262,900, showing a near-flat session with a marginal positive candle after the price slipped to fresh multi-week lows near 261,000–262,000. The recent price action reflects persistent seller dominance, with the broader structure displaying a clear sequence of lower highs and lower lows from the May peak near 282,000 and buyers failing to generate any meaningful recovery momentum at current levels.

The broader short-term structure remains bearish, with price having broken below the prior 265,000–266,500 support band and now trading near the 261,000–263,000 demand zone. Any recovery attempt is likely to face supply pressure near the 265,000 level, and a decisive close above 265,000 would be required to begin challenging the prevailing bearish structure and signal a potential base formation. Until that level is reclaimed convincingly, sellers retain the near-term advantage.

On the downside, a sustained close below 261,000 would confirm the next leg of the bearish decline and invite fresh corrective pressure toward 258,500 and 256,000, extending the breakdown from the May highs. The 261,000 level is now the critical near-term reference for buyers to defend in order to prevent a deeper structural deterioration.

 

Short term Research Report Call

Buy Above: 265,000 | Targets: 267,500, 270,000 | Stop-loss: 262,500

Sell Below: 261,000 | Targets: 258,500, 256,000 | Stop-loss: 263,500