Gold bearish pressure

Gold prices dipped today, managing to print a new lower low on the daily chart. This downward push raises the critical question of whether it is an early sign of a broader bearish continuation. If the selling pressure persists and the price continues to slide, the market will likely head toward the $4546.52 support level. Traders will be watching closely to see if buyers step in to defend this zone or if the bearish momentum accelerates.

Today’s critical levels to watch:

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

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

Silver bearish momentum from $80.00

Silver is showing clear bearish momentum today as the price moves sharply away from the $80.00 resistance level. This strong rejection has resulted in a new lower low, signaling that sellers are currently taking control. If the price continues this downward movement in the upcoming sessions, then the $70.00 support level becomes the primary downside target. Traders will wait to see if the price can find a floor at that level.

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 gaining on global uncertainties

Crude oil is experiencing upward pressure today, directly driven by the recent escalation in the geopolitical situation between the U.S. and Iran. Despite this fundamental catalyst, the price remains firmly contained within the established $85.00 to $95.00 trading range for now. The market is currently consolidating as it digests the news. A decisive daily close outside this specific range will be required to confirm the next major directional trend.

Today’s critical level to watch:

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

Resistance: $95.00, $100.00,