Metals Analysis
Metals Analysis
Gold
Live Price: $3621.31000
Technical Overview
- Support: $3566.99035, $3530.77725, $3476.45760
- Resistance: $3675.62965, $3729.94930, $3802.37550
- Entry: Long $3585.09690, Short $3657.52310
- Stop Loss: Long $3512.67070, Short $3729.94930
Market Sentiment
Bullish – Target: $3693.73620
Analyst View
Gold continues to show technical strength supported by the formation of higher lows.
The price action above $3585.09690 suggests bullish control. RSI on H1 stands at 66, with potential continuation above $3675.62965.
MACD has formed a potential crossover near zero line.
Recent news: “Family offices favor this area of bonds ahead of potential Fed rate cuts, Goldman Sachs finds – As the bond market signals the Fed may resume its interest-rate cutting cycle as soon as next week, investors are weighing how much duration risk to take in fixed income.”
Yesterday’s price closed higher following investor speculation around central bank policy…
If the asset breaks above $3675.62965, we may see continuation toward $3729.94930.
In contrast, failure to hold support at $3566.99035 may trigger a pullback to $3530.77725.
Live Chart
Silver
Live Price: $NaN
Technical Overview
- Support: $NaN, $NaN, $NaN
- Resistance: $NaN, $NaN, $NaN
- Entry: Long $NaN, Short $NaN
- Stop Loss: Long $NaN, Short $NaN
Market Sentiment
Neutral – Target: $NaN
Analyst View
Silver continues to show technical strength supported by the formation of higher lows.
The price action above $NaN suggests bullish control. RSI on H1 stands at 66, with potential continuation above $NaN.
MACD has formed a potential crossover near zero line.
Recent news: “No major headlines today.”
Yesterday’s price closed higher following investor speculation around central bank policy…
If the asset breaks above $NaN, we may see continuation toward $NaN.
In contrast, failure to hold support at $NaN may trigger a pullback to $NaN.
Live Chart
Oil ETF (USO)
Live Price: $74.71
Technical Overview
- Support: $73.59, $72.84, $71.72
- Resistance: $75.83, $76.95, $78.45
- Entry: Long $73.96, Short $75.46
- Stop Loss: Long $72.47, Short $76.95
Market Sentiment
Neutral – Target: $76.20
Analyst View
Oil ETF (USO) continues to show technical strength supported by the formation of higher lows.
The price action above $73.96 suggests bullish control. RSI on H1 stands at 66, with potential continuation above $75.83.
MACD has formed a potential crossover near zero line.
Recent news: “No major headlines today.”
Yesterday’s price closed higher following investor speculation around central bank policy…
If the asset breaks above $75.83, we may see continuation toward $76.95.
In contrast, failure to hold support at $73.59 may trigger a pullback to $72.84.
Live Chart