Gold stick near $5,000

Gold continues to pressure the $5,000 support level, which has become a key area for the market. Although the price briefly broke below this level earlier, the metal managed to recover back above the support, suggesting that buyers are still defending the zone for now. The price action indicates ongoing consolidation around the level, and the next directional move may depend on whether the market can hold above $5,000 or break below it. A sustained break lower could trigger a deeper correction.

Today’s critical levels to watch:

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

Resistance: $5,200, $5,500

Silver supported by $80.00

Silver is currently supported by the $80.00 level, which is acting as an important short-term support area. The metal may continue trading near this level as the market searches for direction. The current price action suggests a consolidation phase after the recent volatility. If the support remains intact, silver could attempt a recovery toward higher levels. However, a clear break below $80.00 may open the path for further downside pressure.

Today’s critical level to watch:

Support: $80.00, $70.00

Resistance: $83.91, $85.00, $100.00, $120.00

Crude oil bearish pressure

Crude oil opened higher but quickly came under renewed selling pressure during the session. Despite the pullback, the broader structure remains bullish, as the market continues to maintain a pattern of higher highs and higher lows. This indicates that buyers are still in control of the overall trend. As long as the price holds above the recent support $90.00, the bullish momentum could remain intact, with the potential for another attempt to move higher in the coming sessions.

Today’s critical level to watch:

Support: $95.00, $90.00, $85.00, $80.00, $77.13

Resistance: $100.00