Gold trading flat

Gold prices traded lower earlier in the session but managed to regain losses and return toward the opening level. While the pair may end the day relatively flat, the broader structure remains bullish. The ability to recover quickly from intraday weakness suggests that buyers are continuing protecting gold prices from downfall. As long as price stays above the recent breakout area, the bullish outlook remains intact. On the lower side, the $4,240 and the trend line will become the support levels to watch.

Today’s critical levels to watch:

Support: $4,250, $4,200, $4,000, $3,835

Resistance: $4,300, $4,380

Silver recover from early selling

Silver prices show a similar behavior to gold, trading lower initially before recovering back toward the opening level. Despite the lack of strong follow-through today, the broader trend remains bullish. Consolidation at higher levels continues to favor upside continuation rather than a bearish reversal. If the price turn lower, then the $59.40 broken swing high will become the support level to watch.

Today’s critical levels to watch:

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

Resistance: $65.00, $70.00

Crude oil completed bearish target

Crude oil has reached the $54.50–$55.00 target area with strong bearish momentum, fulfilling the downside objective. A short-term bounce or consolidation from this zone is possible, but the broader outlook remains bearish. Traders holding short positions may consider taking partial profit and adjusting stops to protect gains while monitoring for further downside continuation.

Today’s critical level to watch:

Support: $55.00, $54.50, $52.4

Resistance: $57.60, $60.00, $65.00, $67.20, $70.00, $77.13