Gold bullish continuation

Gold has printed a new higher high, keeping the bullish structure intact. The softer U.S. job data has helped ease rate pressure, providing additional support for the metal despite a firm U.S. dollar. As long as price holds above the $4,400 support area, the bias remains for continuation higher, with focus on a push toward new record highs. When the price surpass the record high, it will target $4,600 and $4,670.

Today’s critical levels to watch:

Support: $4,380, $4,300, $4,250, $4,200

Resistance: $4,500, $4,670

Silver continue higher

Silver has surpassed the previous day’s high, confirming upside momentum, though the move is becoming more extended. Cooling U.S. labor data supports the bullish case, but traders are likely to remain cautious near current levels. The bullish scenario stays valid while price holds above the $73.82 invalidation level; a break below would signal the start of bearish correction.

Today’s critical levels to watch:

Support: $70.00, $65.00, $60.00, $59.40, $55.00

Resistance: $80.00

Crude oil turning bullish

Crude oil is showing a clear structure change, with a higher high and higher low. A daily close above $60.00 would further solidify the bullish scenario and open room for trend continuation, while a close below $55.80 would shift the outlook back to bearish. Traders who has long positions will place stop order below $55.80.

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