Gold maintain bullish pressure

Gold is maintaining strong bullish pressure, with no major bearish reaction seen so far. Price action suggests buyers remain in control, keeping the broader uptrend intact. If the bullish momentum continues, gold might attempt to extend higher toward the 127.20% Fibonacci extension near $4,670, with the $5,000 psychological level as the next major upside target. A failure to hold above recent support levels would be the first sign of a deeper corrective pullback toward previously broken swing high and the trendline.

Today’s critical levels to watch:

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

Resistance: $4,670

Silver to target $100.00

Silver experienced strong bearish pressure earlier, but price has since recovered and is now trading near the opening level, suggesting selling momentum has eased. If bullish movement extends from this recovery, the pair could attempt a move toward the $100.00 level, which remains the next major resistance zone. No major bearish correction seen yet, the price could continue upward without correction but when a correction happens, we might see deep bearish correction.

Today’s critical levels to watch:

Support: $80.00, $70.00

Resistance: $85.00

Crude oil bearish pressure

Crude oil’s trend has shifted bullish after price closed above the $60.00 level, signaling that buyers have regained control. However, the market faced rejection near $62.00, indicating selling pressure at higher levels. Price might attempt to stabilize and consolidate near $60.00 before making the next directional move. A sustained hold above this area would favor further upside, while a break back below $60.00 would weaken the bullish outlook.

Today’s critical level to watch:

Support: $60.00, $57.60, $55.00, $54.50, $52.4

Resistance: $62.00, $65.00, $67.20, $70.00, $77.13