Gold moving toward target

Gold remains clearly bullish, with price continuing to grind higher and press toward the 127.2% Fibonacci extension at $4,670.91. The recent breakout above the prior swing high confirms strong upside momentum, and buyers remain in control. The broken swing high at $4,549.42 now acts as an important support level. As long as price holds above this area, the broader bullish structure remains intact and further upside attempts are favored.

Today’s critical levels to watch:

Support: $4,500, $4,380, $4,300, $4,250, $4,200

Resistance: $4,670

Silver mirroring gold

Silver continues to track gold’s strength, extending its upward move with no meaningful bearish correction so far. Price is currently pushing higher, with the 127.2% Fibonacci extension at $93.512 acting as the next upside target. However, the lack of a major pullback increases the risk of a sharp corrective move at any time. Traders should remain cautious, as any sudden shift in momentum could trigger a deeper retracement despite the prevailing bullish trend.

Today’s critical levels to watch:

Support: $80.00, $70.00

Resistance: $85.00

Crude oil to test $60.00

Crude oil is pressuring higher and soon will test key resistance near $60.00. A sustained move and close above this level would represent a decisive bullish confirmation and strengthen the case for further upside continuation. For now, downside follow-through remains limited, and there is no technical justification to revert to a bearish outlook. A move below $55.80 will invalidate the current bullish view.

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