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:
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:




