Gold stick near $4,500
Gold remains firmly bullish and is currently trading near the $4,500 level. Price action suggests short-term consolidation around this area, but the bias remains to the upside, indicating strength rather than distribution. Any bearish correction toward the $4,380 level would be viewed as a healthy pullback and a potential opportunity for traders to add long positions. Overall, there is no change to the prevailing bullish outlook, with buyers still in control of the broader trend.
Today’s critical levels to watch:
Support: $4,380, $4,300, $4,250, $4,200
Resistance: $4,500, $4,670
Silver blow-up above $70.00
Silver continues to trade aggressively to the upside and has yet to show meaningful signs of weakness. The rally has extended significantly, with price advancing almost uninterrupted from the $50.00 area. While the bullish trend remains dominant, the market is becoming increasingly stretched. Traders are advised to stay cautious at current levels and monitor for signs of exhaustion or a loss of momentum, which would signal that the rally may be approaching a temporary pause or corrective phase.
Today’s critical levels to watch:
Support: $70.00, $65.00, $60.00, $59.40, $55.00
Resistance:
Crude oil maintain gain
Crude oil is currently consolidating within the $57.60–$60.00 range. Price action suggests stabilization, but the broader structure remains bearish for now. A daily close above $60.00 would be a key technical confirmation that bullish momentum is returning and could mark a trend shift. Until such confirmation occurs, traders will continue to treat rallies as corrective moves within a broader bearish structure. On the upside, the bearish trend line is the level to watch alongside $60.00 as a potential reversal zone.
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




