Daily Oil, Gold, Silver Technical Analysis | March 31, 2026

Gold new bullish leg

Gold prices moved higher, breaking out from a recent consolidation range and signaling a potential shift in short-term momentum. The breakout suggests that the prior bearish leg may be losing strength, with buyers regaining control. The move places focus on the next key resistance zone, with the $5,000 level emerging as an important upside reference if bullish momentum is sustained.

Today’s critical levels to watch:

FBS The Best Forex Broker

Support: $4,546, $4,500, $4,380

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

Silver strong bullish momentum

Silver followed a similar path to gold, rebounding after successfully defending the $70.00 support level. The reaction from this area highlights continued buying interest and reinforces the importance of the level in the current structure. With price stabilizing and turning higher, attention shifts toward the $80.00 level as the next potential upside target, provided momentum continues to build.

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 stay near high

Crude oil remains under mild bearish pressure in the short term, though overall price action continues to hold near recent highs. The lack of significant downside follow-through suggests that the broader structure remains relatively stable. Market direction is likely to remain sensitive to geopolitical developments, particularly those affecting supply expectations and global risk sentiment.

Today’s critical level to watch:

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

Resistance:

Copyright © 2026. All Rights Reserved. FXDailyReport.Com
Risk Warning: Trading CFDs is a high risk activity and you may lose more than your initial deposit. You should never invest money that you cannot afford to lose. FXDailyReport.com will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets.