Takeaway

The presenter maintains a bullish continuation bias on Natural Gas and Crude Oil, citing strong momentum and technical structures alongside geopolitical support for crude. Conversely, precious metals lean defensive: the speaker is seeking short setups on Gold and Silver on bearish engulfing patterns, with an alternative long reversal condition outlined for Silver off a double bottom.

What the presenter said

• Natural Gas: The commodity logged a strong week [00:22], successfully printing an anticipated bullish engulfing candle [00:44, 01:10]. The presenter passed on the Capital.com setup due to long wick criteria and volume requirements [01:15], though noted the entry was valid on NYMEX [01:28]. Daily closes above the zone support further upside trend continuation [03:05].
• Gold: A sell signal triggers if the next 4-hour candle prints a bearish engulfing pattern [05:17]. Alternatively, two consecutive 4-hour candle closes above the 50 EMA would signal a temporary bullish push into higher resistance [05:40].
• Silver: Price posted an initial push higher of $1.10 [06:05].
• Crude Oil: Price action shows an ongoing push higher following a clear rejection and pullback [06:57]. The presenter holds a bullish bias for continuation this week [07:32], pointing to geopolitical escalation (war) as a supportive fundamental driver [07:18].

Trade ideas

• Natural Gas
  • Direction: Long
  • Horizon / Conviction: Short term / High
  • Entry: Triggered by one of four setups: (1) an additional engulfing candle at the 50 EMA; (2) a break to new highs followed by a pullback and engulfing candle; (3) a 4-hour double bottom confirmed by a solid engulfing candle; or (4) a breakout above the pullback with an engulfing candle.
  • Target / Stop: Unspecified / Unspecified
• Gold
  • Direction: Short
  • Horizon / Conviction: Short term / Medium
  • Entry: 4-hour bearish engulfing candle that closes back below the 50 EMA.
  • Target / Stop: Unspecified / 1 ATR
• Silver
  • Direction: Short
  • Horizon / Conviction: Short term / Medium
  • Entry: Bearish engulfing candle forming on a rejection from current levels or the 58.52–58.85 broken zone.
  • Target / Stop: Unspecified / Unspecified
• Silver
  • Direction: Long
  • Horizon / Conviction: Short term / Medium
  • Entry: Confirmed double bottom at current lows without a candle closing below them.
  • Target / Stop: Unspecified / Unspecified
• Crude Oil
  • Direction: Long
  • Horizon / Conviction: Short term / High
  • Entry: 4-hour close above current resistance box (around 96.70), followed by a pullback and a bullish engulfing candle.
  • Target / Stop: Unspecified / Unspecified

Levels and data cited

• Silver: 58.52 (Resistance / broken zone, potential upside target)
• Silver: 58.85 (Resistance / broken zone, potential upside target)
• Crude Oil: 96.70 (Resistance box referenced in entry condition)

Risks and what would invalidate this

• Natural Gas Downside: A breakdown below the ascending triangle on MCX would invalidate the bullish view and lead to a sell-off.
• Trend Reversal Requirements: Executing short positions on Natural Gas requires a confirmed break and close below the 50 EMA and previous swing lows, a scenario the presenter currently considers unlikely.