Gold bullish continuation

Gold has extended its rally above the 127.2% Fibonacci extension at $4,670 and is now holding above the $4,700 level, reinforcing the strength of the bullish trend. The move continues to reflect heightened risk aversion tied to renewed U.S. tariff threats and escalating geopolitical tension around Greenland, which has driven demand for safe-haven assets. On the upside, the next major objective is the psychological $5,000 level, followed by the 161.8% Fibonacci extension near $5,039.

Today’s critical levels to watch:

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

Resistance: $4,670

Silver maintain bullish outlook

Silver remains firmly bullish, consolidating near the 127.2% Fibonacci extension after its recent strong advance. The market is showing resilience rather than profit-taking, suggesting underlying demand remains intact. A continuation higher would keep the focus on the $100.00 psychological level, followed by the $105.725 Fibonacci extension target, while any near-term pullback is still viewed as corrective within the broader uptrend.

Today’s critical levels to watch:

Support: $80.00, $70.00

Resistance: $85.00

Crude oil turning bullish

Crude oil has pushed back above the $60.00 level, signaling a renewed bullish attempt after the recent bearish correction phase. Price action suggests buyers are regaining control, with the market now aiming for a daily close above $62.00 to confirm upside continuation. As long as the market holds above the $60.00 zone, the short-term structure remains supportive of further gains.

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