Gold waiting for direction

Gold is trading mostly flat, with choppy price action reflecting a balance between buyers and sellers. Despite the recent upward movement, the broader structure remains bearish after the market printed a lower swing low during the previous decline. The current recovery may only represent a temporary pause before further downside. If the price continues to push higher, the $5,000 area could act as a key resistance where a new lower swing high may form.

However, if gold manages to break and hold above $5,418, it would invalidate the current bearish structure and signal a potential shift toward a more bullish outlook. Until then, downside risk remains in play.

Today’s critical levels to watch:

Support: $4,546, $4,500, $4,380

Resistance: $5,000, $5,200, $5,500

Silver stay above $70.00

Silver continues to hold above the $70.00 support level, which remains a critical zone for the current market structure. Price action is relatively stable, but momentum remains limited. As previously noted, a confirmed breakdown below $70.00 could open the path toward the $50.00 level. For now, traders will closely monitor how price reacts around this support to determine the next directional move.

Today’s critical level to watch:

Support: $70.00, $54.00, $50.00

Resistance: $80.00, $83.91, $85.00, $100.00, $120.00

Crude oil pause near top

Crude oil is trading mostly flat near the top of its recent range, indicating that bullish momentum is slowing but not yet reversing. The market remains elevated, with no strong signs of immediate downside. At the same time, traders are closely watching developments surrounding Iran–U.S. ceasefire talks, which could act as a key catalyst for the next move. Any significant progress or breakdown in negotiations may trigger volatility and determine whether oil continues higher or begins a corrective phase.

Today’s critical level to watch:

Support: $100.00, $95.00, $90.00, $85.00, $80.00, $77.13

Resistance: