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Crude Oil remained resilient despite intraday volatility. Buyers defended support, and price continues to hold above the short-term moving averages.
NG Below 259.2, the prevailing downtrend is likely to continue, with a move toward the 252 demand zone.
Avoid trades within the 259.2-262.8 range, as it is currently a consolidation zone.
Crude Oil continues to hold above the key support zone and both moving averages.
As long as 8150 holds, the bullish structure remains intact. Fresh momentum is expected only above 8210.
NG Price continues to trade below the falling trendline and both moving averages. Fresh longs are valid only above 264.80 with confirmation. Until then, rallies are likely to face selling pressure.
Gold is trading near a key descending trendline resistance after bouncing from demand support.
Fresh buying is recommended only above 142250. Until then, remain patient and wait for confirmation.
Crude Oil is attempting a breakout from a falling channel after a strong rebound from support.
Sustained breakout can trigger upside move
Support: 7760-7780
Resistance: 7825-7850
Yesterday’s bearish view played out as expected.
Silver broke below 217000 and declined to around 215300, capturing nearly 1700-2000 points before finding support.
Fresh buying is advised only above 218700 with confirmation.
NG The trend remains bearish below 262.
A breakdown below 257 could extend the fall toward the 252–254 support zone.
SILVER The key 217000 demand zone failed, confirming bearish momentum. Sellers stayed in control and the market closed near the day’s low, indicating weakness may continue unless buyers reclaim higher levels.
Key Levels to Monitor
Gold: Demand zone around 141,600.
Silver: 216,800 support.
Crude Oil: 7,750 support.
Natural Gas: 255–260 support.
Yesterday, Gold failed to hold above the 145200 resistance zone and witnessed continuous selling. The bullish setup was invalidated, resulting in a decline of nearly 3,000 points from the rejection zone.
141500–141700 demand zone. Trend remains weak on the 1-hour chart. Avoid aggressive buying until support confirms.
NG Sharp sell-off into the demand zone.
Avoid catching the falling knife.
Healthy profit booking after a strong rally.
No fresh buying until 8140 is reclaimed with strength.
Crude trend remains bullish as long as 8625 holds.
A breakout above 8695 can resume the uptrend toward 8890, while a breakdown below 8625 may extend the correction
Natural Gas has rejected from the upper trendline and returned to the key resistance zone.
Wait for a sustained move above 282.5 before initiating fresh longs.
Silver is rebounding from a strong support zone.
Fresh buying is valid only above 222000. Until then, avoid chasing and wait for confirmation.
Gold is currently trading near the key level of 4050.
If gold fails to hold above 143000, a short position can be initiated.
If it breaks through and holds above 143000, the next resistance level is at 144300
Gold has broken below the 143000 support zone, signaling short-term weakness.
Expected move: 141800–141500
Buy Zones: 141800 & 141500
🔻 Consider small shorts near 144800–145000 resistance.
