Gold continues bullish consolidation; breakout potential remains

Gold is showing another bullish session today and continues to hold inside the tightening consolidation range below the $4,250 resistance. Despite moving sideways, price action remains strongly bullish after FOMC interest-rate decision. Traders will maintain a bullish bias for now and wait for a close above $4,250. A clean break above $4,250 may trigger upward movement toward the record high

Today’s critical levels to watch:

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

Resistance: $4,250

Silver extend bullish movement

Silver extends its strong bullish movement today, printing a new higher swing high. The overall trend remains firmly bullish, and as long as price stays above the $59.40–$60.00 breakout area, momentum is expected to continue. If a bearish pullback occurs, traders may look for bullish reaction near the breakout zone to add long positions. The next upside target is the 161.8% Fibonacci Extension level at $65.717.

Today’s critical levels to watch:

Support: $60.00, $59.40, $55.00, $50.00

Resistance: $65.00

Crude oil more consolidation

Crude oil continues to move sideways inside the $57.60–$60.00 range after another bounce from the lower boundary. Although short-term movements remain mixed, the broader structure still leans bearish as long as price fails to break and close above the $60.00 resistance. We still expect the price to continue the bearish trend to target $54.50–$55.00 area.

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