Gold stick near trendline

Gold is trading slightly lower today but remains within the range of the previous bearish momentum candle, which means there is no confirmation yet for further downside continuation. At this stage, the price action appears more like a consolidation phase as the market digests the recent volatility. If gold manages to stabilize above the $5,000 support level, buyers may attempt another upward push toward the $5,200–$5,500 resistance area. However, a break below $5,000 would increase the risk of a deeper correction toward the $4,750 region then $4,546.

Today’s critical levels to watch:

Support: $5,000, $4,670, $4,546, $4,500, $4,380

Resistance: $5,200, $5,500

Silver looking to stabilize

Silver is showing a similar structure to gold, with price currently consolidating within a defined range after the recent sharp move. The metal is trading around the $82.00 region, and neither buyers nor sellers appear to have strong control at the moment. If silver manages to break higher from the consolidation range, the next resistance appears near the $90.00 level. On the downside, a break below the $70.00 support area would likely trigger a deeper correction. Until a breakout occurs, the market may continue moving sideways as traders wait for a stronger directional signal.

Today’s critical level to watch:

Support: $83.91, $80.00, $70.00

Resistance: $85.00, $100.00, $120.00

Crude oil breakout above $77.13

Crude oil continues its strong upward momentum after breaking above the $77.13 resistance level, confirming a bullish breakout from the previous consolidation range. The rally pushed prices to the $80.00 level, and so far there are no clear signs of exhaustion in the current move. If the upward momentum continues, the next potential targets appear near the $83.70 resistance zone and possibly the $85.00 region. However, a pullback toward $77.13 could occur before the next bullish leg as traders lock in profits after the strong rally.

Today’s critical level to watch:

Support: $77.13, $70.00, $67.20

Resistance: $80.00, $85.00