Gold continue moving near $5,000

Gold prices remain under pressure over the past few sessions, but continue to find support near the $5,000 level, preventing a deeper decline. This repeated defense suggests that buyers are still active, although momentum remains limited. For now, price action reflects consolidation within a broader bullish trend, with the market likely waiting for a catalyst. Attention is on the upcoming FOMC meeting, which could determine whether gold resumes its upward move or extends the current pullback.

Today’s critical levels to watch:

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

Resistance: $5,200, $5,500

Silver bearish pressure near $80.00

Silver prices have also been under pressure in recent days, yet continue to hold near the $80.00 support level. The consistent support indicates underlying demand, but the lack of strong bullish follow-through keeps the metal in a sideways consolidation phase. Similar to gold, traders are likely to remain cautious ahead of the FOMC meeting, which may drive the next directional breakout.

Today’s critical level to watch:

Support: $80.00, $70.00

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

Crude oil maintain bullish situation

Crude oil prices are trading slightly higher near the $95.00 level, but remain within the previous day’s range, indicating a pause in momentum after the recent surge. Despite the consolidation, the overall structure still shows higher highs and higher lows, suggesting that bullish control remains intact. If this structure continues, price may gradually push higher, although a breakout from the current range is needed for stronger confirmation.

Today’s critical level to watch:

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

Resistance: $100.00