Short term - Technical Outlook

Crude Oil futures are currently trading near 10630, 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 7230–8415 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 8785–8975. The current zone around 10630–10650 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 10650 could confirm renewed bullish momentum and target 11000 or higher extension levels within the channel.

On the downside, immediate support lies near 9900–9565 (recent swing lows and trendline confluence), followed by stronger structural support at 8850. A breakdown below 9900 may invite short-term corrective pressure toward 9565–8850 levels, though the dominant uptrend strongly favors buyers on dips unless sustained rejection persists.

Short term Research Report Call

Buy Above: 10650 | Targets: 11000, 11500 | Stop-loss: 9900

Sell Below: 9900 | Targets: 9565, 8850 | Stop-loss: 10630

Short term - Technical Outlook

Gold futures are currently trading near 149000, 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 150000–152500. The current consolidation near 148000–149500 shows small-bodied candles and lower volatility, indicating hesitation after the aggressive sell-off. A sustained close above 150000 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 146000–142500, followed by stronger structural demand if breakdown occurs. A clear break below 146000 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: 150000 | Targets: 152500, 155800 | Stop-loss: 146000

Sell Below: 146000 | Targets: 142500, 138500 | Stop-loss: 149000

Short term - Technical Outlook

Natural Gas futures are currently trading near 270, showing mild positive momentum with a small green candle after holding the ascending trendline support. The price has formed a higher low and is bouncing from the trendline, confirming short-term buyer interest following the rejection from the 280 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 has been accompanied by green candle and buyer follow-through. A sustained close above 280 could accelerate upside momentum toward 288 or higher extension levels.

On the upside, immediate resistance now lies near 280, followed by stronger supply at 288–296. A breakout above 280 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: 280 | Targets: 288, 296 | Stop-loss: 267

Sell Below: 267 | Targets: 262, 254 | Stop-loss: 270

Short term - Technical Outlook

Silver Futures are currently trading near 236000, showing mild recovery with a small green candle after holding above the recent lows near 234000. 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 despite the minor bounce and green candle 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 236000–237000 displays strong buying pressure and higher volatility after the sharp move, reflecting short-term relief buying near the lower part of the recent decline. A decisive breakout and sustained close above 241500 could signal short-term relief and trigger fresh upside momentum toward 247000 or higher, though momentum strongly favours sellers unless clear reversal occurs.

On the downside, immediate support lies at 232500–223000, followed by stronger structural demand if breakdown occurs. A clear break below 232500 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: 241500 | Targets: 247000, 251500 | Stop-loss: 232500

Sell Below: 232500 | Targets: 223000, 218500 | Stop-loss: 236000