Takeaway

The presenter has turned bearish on Natural Gas, Gold, and Silver, anticipating further downside. The core view is to look for short entries on pullbacks in these markets. In contrast, the presenter remains strongly bullish on Crude Oil, advising to buy pullbacks as the uptrend continues.

What the presenter said

• Natural Gas has broken its first trend line in a fan structure and has also broken structure below previous lows, shifting the short-term outlook to bearish. [01:30, 02:12]
• The presenter is only interested in shorting Natural Gas on bearish pullbacks until price reaches the major trend support line dating back to 2024. [01:41, 03:12]
• MCX Natural Gas has formed a bearish triple top pattern; a retest and bearish engulfer would confirm a short entry. [04:42]
• The Head and Shoulders pattern in Gold is playing out, and a break and close below the neckline would confirm trend continuation to the downside. [06:18]
• Silver is now a candidate for short-term bearish trades on pullbacks, with the presenter noting a break below 62.53 would likely trigger a significant fall. [07:25, 07:54]
• Crude Oil is in a strong bullish trend, with fundamentals and technicals pointing upwards. The presenter is looking for long entries on pullbacks. [08:22]

Trade ideas

• Instrument: Natural Gas

  • Direction: Short
  • Entry/Target/Stop: Entry on a bearish pullback after the break of structure. Target is the major trend support line. Stop is 1 ATR above entry.
  • Horizon: Short-term
  • Conviction: High

• Instrument: Gold

  • Direction: Short
  • Entry/Target/Stop: Entry on a bearish engulfing pattern on a pullback, or on a break and close below the neckline. Target is for further downside continuation. Stop was not explicitly stated.
  • Horizon: Short-term
  • Conviction: High

• Instrument: Silver

  • Direction: Short
  • Entry/Target/Stop: Entry on pullbacks with an engulfing candle. Initial target is 1 ATR, with a larger fall expected if 62.53 breaks. Stop was not explicitly stated.
  • Horizon: Short-term
  • Conviction: Medium

• Instrument: Crude Oil

  • Direction: Long
  • Entry/Target/Stop: Entry on a pullback with a valid engulfing candle. Target is the 103.57-106.37 resistance zone. Stop was not explicitly stated.
  • Horizon: Short-term
  • Conviction: High

Levels and data cited

• Natural Gas: Resistance seen at 2.835 and 2.860 (previous broken structure).
• Silver: Key support at 62.53; a break below would trigger a bearish pattern.
• Crude Oil: Minor resistance zone between 103.57 and 106.37.

Risks and what would invalidate this

• The presenter stresses that no entry conditions means no trade; one should only trade when specific price action conditions are met.
• For Gold, the bearish view would be challenged if price fails to break the current low or holds above the "trend termination zone."