Gold mostly sideways

Gold traded with indecision, forming both upper and lower wicks of similar size, reflecting a balance between buying and selling pressure during the session. While the broader tone had turned bearish in recent sessions, current price action suggests that bullish pressure is beginning to build. Price is now stabilizing near the $4,546 level, which acts as a key area following the prior breakdown. This behavior indicates a potential transition phase, where sellers are losing momentum and buyers are gradually stepping in, although confirmation of direction is still pending.

Today’s critical levels to watch:

Support: $4,500, $4,380

Resistance: $4,546, $5,000, $5,200, $5,500

Silver continue to trade near $70.00

Silver continues to consolidate within the range established in the previous session, holding near the $70.00 level. Similar to gold, the metal initially showed bearish momentum, but recent price action suggests that downside pressure is fading. The current range-bound movement indicates that market participants are waiting for clearer direction. Will the price resume the bullish trend to target new higher swing high? Alternatively, will it break down below $70.00 and target $54.00 also $50.00?

Today’s critical level to watch:

Support: $70.00, $54.00, $50.00

Resistance: $80.00, $83.91, $85.00, $100.00, $120.00

Crude oil continue above $100.00

Crude oil continues to advance, extending its bullish momentum as price pushes higher above the $100.00 area. The overall structure remains firmly bullish, with higher highs and higher lows still intact. Recent price action suggests sustained buying interest, keeping the upward trajectory in place as the market approaches key resistance levels.

Today’s critical level to watch:

Support: $100.00, $95.00, $90.00, $85.00, $80.00, $77.13

Resistance: