Daily Oil, Gold, Silver Technical Analysis | January 07, 2026

Gold bearish pressure

Gold is coming under mild bearish pressure but remains confined within the previous day’s range, indicating hesitation rather than a confirmed reversal. The lack of follow-through selling suggests this move may be a pause or consolidation phase after the recent advance. As the price continue form higher swing high and higher swing low, it is not yet the time to think about shorting gold prices.

Today’s critical levels to watch:

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Support: $4,380, $4,300, $4,250, $4,200

Resistance: $4,500, $4,670

Silver stay near high

Silver is attempting to extend higher, but price is currently trading below the daily opening level and remains within the prior day’s range. While the broader structure stays bullish, the rally has unfolded without a meaningful bearish correction, increasing the risk of short-term pullbacks. Caution is warranted near current levels, with attention on whether price can sustain momentum or starts to correct.

Today’s critical levels to watch:

Support: $70.00, $65.00, $60.00, $59.40, $55.00

Resistance: $80.00

Crude oil bearish continuation

Crude oil has resumed its bearish movement, confirming that no change to the trend. Price action continues to respect the broader downtrend, and selling pressure remains dominant. We maintain a bearish outlook, with downside targets focused below the $54.50–$55.00 area. On the upside, a higher swing high above $58.86 might become the indication that the trend will turn bullish.

Today’s critical level to watch:

Support: $57.60, $55.00, $54.50, $52.4

Resistance: $60.00, $65.00, $67.20, $70.00, $77.13

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