Short term - Technical Outlook

Crude Oil futures are currently trading near 9,055, showing strong bullish momentum with a prominent green candle after opening at 8,975 and surging toward the session high of 9,058. The price has broken out sharply from the prior consolidation range, with a sequence of powerful green candles driving price from the 8,610 zone to the current level near 9,055 in a swift and decisive move. The ascending trendline visible on the chart has provided strong dynamic support throughout the rally, with each pullback finding buyers near the trendline before resuming higher. The current candle confirms sustained buyer aggression and strong upside momentum.

The broader structure is firmly and convincingly bullish, with the ascending trendline anchoring the rally and price establishing fresh highs with every session. The breakout above the 8,610 resistance has been significant, and the velocity of the current move reflects strong underlying demand. A sustained close above 9,230 would confirm continuation toward 9,275 and higher extension levels, while the trendline support continues to provide a dynamic floor for any corrective pullback.

On the downside, immediate support lies near 8,975–8,883, followed by stronger structural demand at the ascending trendline zone. A pullback toward 8,975 would be characteristic of a healthy pause within the uptrend and would likely attract fresh buyers, though a breakdown below 8,883 with a close beneath the trendline would signal a more meaningful short-term reversal and invite corrective pressure.

 

Short term Research Report Call

Buy Above: 9,230 | Targets: 9,275, 9,320 | Stop-loss: 9,185

Sell Below: 8,975 | Targets: 8,930, 8,885 | Stop-loss: 9,020

 

 

Short term - Technical Outlook

Gold futures are currently trading near 142,800, showing a marginally negative candle after opening at 142,770 and holding within a tight range. The prior session delivered a sharp red candle that erased the gains of the preceding recovery, pulling price back from the 145,690–146,000 zone toward the current level near 142,800. This sharp reversal has neutralised the near-term bullish momentum and returned price to the key support zone around 142,340–143,270, with the current candle reflecting cautious indecision following the aggressive decline.

The broader structure remains choppy and range-bound, with price oscillating between the 139,930 lows and the 146,000 highs without establishing a sustained directional trend. The sharp reversal from the recent highs reinforces the overhead supply at 143,800–146,830 and suggests sellers remain active on any meaningful recovery. The current zone near 142,340–143,270 is a critical battleground — a sustained hold here and a close above 143,800 would signal renewed buyer intent, while a break below 142,340 would expose the 140,840 and lower structural support levels.

On the downside, immediate support lies near 142,340–141,880, followed by stronger structural demand at 139,930. A clear break below 142,340 would confirm renewed bearish pressure and invite extension toward 140,840 and lower, though the current candle's narrow range suggests the market is pausing to absorb the recent sharp move before committing to the next direction.

 

Short term Research Report Call

Buy Above: 143,800 | Targets: 145,300, 146,800 | Stop-loss: 142,300

Sell Below: 142,340 | Targets: 140,840, 139,340 | Stop-loss: 143,840

 

 

Short term - Technical Outlook

Natural Gas futures are currently trading near 284.4, showing a mild negative candle after opening at 285.6 and easing from the session high of 286.6. The prior session saw price push toward the 285.7–288 resistance zone before pulling back, and the current candle continues this pattern of rejection near the upper resistance band. The price action reflects a contained range between 281.3 and 288, with repeated failures above 285.7 suggesting sellers are defending the overhead supply zone effectively.

The broader structure remains range-bound within the 275–288 zone, with no clear trend establishment following the earlier sharp breakdown. The recent sessions have produced a series of candles that test the upper resistance and pull back, indicating a lack of sustained buyer momentum to break through. A sustained close above 288 would be the first meaningful signal of a directional breakout to the upside and invite continuation toward 290 and higher, while failure below 282.5 would confirm the range is resolving to the downside.

On the downside, immediate support lies near 282.6–281.3, followed by deeper structural demand at 279–274. A clear break below 282.5 would invite renewed selling pressure toward 280.5 and lower extension levels, though the range-bound nature of recent candles suggests price may continue oscillating within the 282–288 band near term.

 

Short term Research Report Call

Buy Above: 288 | Targets: 290, 292 | Stop-loss: 286

Sell Below: 282.5 | Targets: 280.5, 278.5 | Stop-loss: 284.5

 

 

Short term - Technical Outlook

Silver Futures are currently trading near 219,250, showing a marginal green candle after opening at 219,040 and holding near the session low of 218,970. The prior session delivered a sharp red candle that collapsed price from the 227,000–228,000 zone back toward the 219,000–220,240 support band, erasing multiple sessions of recovery gains in a single move. The current candle reflects tentative stabilization near the lower boundary of this band following the aggressive decline, though buyer conviction at this level remains limited.

The broader structure remains volatile and directionless, with price having staged a sharp recovery from the lows near 214,500 only to surrender the gains in a single session. The repeated failure to sustain above the 222,000–226,170 resistance zone highlights the persistent overhead supply and limits the case for a sustained bullish recovery. The current zone near 217,080–220,240 is the immediate battleground — a hold here with a subsequent close above 222,010 would signal renewed recovery momentum, while a break below 217,080 would confirm the recovery has failed and expose the 214,580 zone.

On the downside, immediate support lies near 217,080–215,330, followed by deeper structural demand below 215,000. A clear break below 217,080 would confirm the bearish structure has reasserted itself and invite extension toward 214,580 and lower, though the current candle's proximity to the support band may generate brief intraday stabilization.

 

Short term Research Report Call

Buy Above: 222,010 | Targets: 224,510, 227,010 | Stop-loss: 219,510

Sell Below: 217,080 | Targets: 214,580, 212,080 | Stop-loss: 219,580