Short Term – Technical Outlook

Crude Oil futures are currently trading near 9,463, showing sharp corrective pressure with a prominent red daily candle extending the multi-session decline from the highs near 10,400. The price has broken decisively below the prior support zone and is now testing the lower structural demand band, with sellers firmly asserting control and the near-term structure reflecting a bearish shift following the aggressive rejection from elevated levels above 10,000.

The broader near-term bias has turned bearish, with the price breaking below the key structural support band and the sharp daily candle session confirming sustained seller dominance. The current zone near 9,400–9,500 represents a critical near-term support juncture, with the price at risk of extending the corrective decline if buyers fail to defend current levels. A sustained trade below 9,375 would confirm renewed bearish momentum and invite downside pressure toward 9,195 and lower extension levels.

On the upside, immediate resistance lies near 9,630, followed by stronger overhead supply near 9,765. A decisive breakout and sustained close above 9,630 would be required to neutralise the current bearish structure and invite a short-term recovery, though the prevailing momentum firmly favours sellers at present.

 

Short Term Research Report Call

Buy Above: 9,630 | Targets: 9,680, 9,730 | Stop-loss: 9,580

Sell Below: 9,375 | Targets: 9,325, 9,275 | Stop-loss: 9,425

 

 

Short Term – Technical Outlook

Gold futures are currently trading near 160,006, showing a constructive green daily candle recovering from the recent corrective lows near 157,959 and approaching the immediate overhead resistance band near 161,500. The ascending trendline on the daily timeframe continues to provide strong dynamic structural support, with the price building a series of higher lows from the long-term base near 148,500 and buyer participation gradually reasserting on dips.

The broader structure remains constructively bullish, with the ascending trendline intact and the price recovering from recent corrective pressure to hold above the key 158,500 structural support zone. The current zone near 159,500–160,500 reflects improving buyer momentum and early recovery intent ahead of a potential test of the overhead resistance band. A decisive breakout and sustained close above 161,500 would confirm the resumption of the bullish advance and invite upside momentum toward 163,000 and 164,500.

On the downside, immediate support lies near 158,500, followed by stronger structural demand near 157,500. A breakdown below 158,500 would delay the recovery and invite a corrective retracement, though the prevailing bullish trendline structure firmly favours buyers on dips as long as price holds above the key ascending trendline support.

 

Short Term Research Report Call

Buy Above: 161,500 | Targets: 163,000, 164,500 | Stop-loss: 160,000

Sell Below: 158,500 | Targets: 157,000, 155,500 | Stop-loss: 160,000

 

 

Short Term – Technical Outlook

Natural Gas futures are currently trading near 291.4, showing a sharp corrective red daily candle following the aggressive rejection from the recent highs near 303. Despite the prior sustained bullish advance from the corrective lows near 237, the price has pulled back sharply from the overhead supply zone and is now testing the immediate structural support band near 288–293, with sellers asserting control near the highs and the near-term structure reflecting a cautious tone following the sharp daily reversal.

The broader structure remains constructively positioned on the higher timeframe, with the ascending trendline and overall recovery trend intact, but the near-term session has introduced meaningful corrective pressure. The current zone near 290–292 reflects a critical test of the structural support band, with the outcome likely to define near-term direction. A sustained trade above 293 would confirm the recovery and invite upside momentum toward 295 and 297, validating the continuation of the broader bullish trend.

On the downside, immediate support lies near 288, followed by stronger structural demand near 283. A breakdown below 288 would confirm a deeper corrective phase and invite further selling pressure, though the broader ascending trendline structure continues to provide the dominant structural anchor for buyers on any sustained dip.

 

Short Term Research Report Call

Buy Above: 293 | Targets: 295, 297 | Stop-loss: 291

Sell Below: 288 | Targets: 286, 284 | Stop-loss: 290

 

 

Short Term – Technical Outlook

Silver Futures are currently trading near 274,265, showing a constructive green daily candle attempting to recover from the recent corrective lows near 266,000. The price has held above the ascending trendline support on the daily timeframe and is building a tentative base near current levels, with early buyer re-engagement visible and the broader recovery structure from the lows near 235,000 continuing to define the dominant upward trajectory.

The broader structure remains constructively bullish, with the ascending trendline providing strong dynamic support and the price recovering from the corrective phase. The current zone near 273,000–275,500 reflects improving buyer participation and early recovery intent. A decisive breakout and sustained close above 278,500 would confirm the resumption of the bullish advance and invite upside momentum toward 280,500 and 282,500, extending the rally toward the prior highs.

On the downside, immediate support lies near 270,000, followed by stronger structural demand near 264,000. A breakdown below 270,000 would delay the recovery and invite renewed corrective pressure, though the prevailing bullish trendline structure favours buyers on dips as long as price holds above key structural support.

 

Short Term Research Report Call

Buy Above: 278,500 | Targets: 280,500, 282,500 | Stop-loss: 276,500

Sell Below: 270,000 | Targets: 268,000, 266,000 | Stop-loss: 272,000