Gold return to opening level

Gold initially came under bearish pressure despite the geopolitical escalation, indicating a lack of sustained safe-haven demand. However, buyers stepped in later in the session, pushing price back toward the opening level and forming a recovery structure. This price behavior reflects indecision rather than strong bullish conviction, as the market balances risk sentiment and dollar movement. As long as gold holds above the recent support zone, it retains the potential to continue its recovery toward higher resistance levels.

Today’s critical levels to watch:

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

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

Silver waiting for bullish trigger

Silver opened lower but gradually recovered throughout the session, returning close to the previous week’s closing level. This steady recovery suggests underlying buying interest, even though momentum remains moderate. Compared to gold, silver is showing slightly stronger relative strength, which could support a continued move toward the $80.00 level if momentum builds.

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 wild movement

Crude oil opened with a strong bullish gap following escalating geopolitical tensions after the failure of the U.S.–Iran deal and reports of a potential Hormuz blockade. However, the initial bullish momentum quickly faded, with price reversing lower as the market reassessed the situation and priced in the possibility of a diplomatic resolution. This type of price action suggests exhaustion after news-driven spikes, with traders fading extreme moves. A break below $90.00 level could open further downside, while holding above it may keep consolidation intact.

Today’s critical level to watch:

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

Resistance: $100.00,