Gold continue sideways

Gold remains inside a tightening consolidation pattern and is still unable to break above the $4,250 resistance. The structure remains bullish as long as the price stays above $4,000. Traders will remain cautious ahead of this week’s FOMC meeting. A breakout above $4,250 may trigger another bullish wave to test the previous record high. On the downside, any pullback should find support near $4,129. Deeper correction is possible if the FOMC triggers volatility, but the broader uptrend remains intact.

Today’s critical levels to watch:

Support: $4,200, $4,000, $3,835

Resistance: $4,250

Silver consolidation below $60.00

Silver continues the consolidation below the $59.40 – $60.00 resistance. The current price action suggests a mild pause after a strong rally. The trend remains bullish as long as price stays above $54.435 and especially $50.00. If price breaks above $59.40 – $60.00 area, the next upside extension could target $65.70 and $70.00. If a pullback occurs, then the first support levels are $56.00 and $54.435. Traders may continue to accumulate long positions on dips while the structure remains bullish.

Today’s critical levels to watch:

Support: $55.00, $50.00

Resistance: $60.00

Crude oil $60.00 rejection

Crude oil experienced moderate selling today after price tested the $60.00 resistance level. The rejection confirms that the upper boundary of the current range is still holding firmly, and bullish momentum remains limited for now. If selling pressure continues, crude oil may retest the lower boundary near $57.60. A breakout below this level will open the path toward $55.80, followed by $54.50 – $55.00 area. On the upside, bullish continuation will only be confirmed if price closes above $60.00, then $62.00.

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