Web Trader MT5
Gold Technical Analysis
Gold remains under short-term bearish pressure, trading around $4,131 after another decline toward $4,104. Price is below the three moving averages MA5, MA10 and MA20, while the moving averages remain bearishly aligned.
Immediate support is at $4,104, followed by $4,093. On the upside, resistance is around $4,145, followed by $4,165–$4,175 and the stronger $4,200–$4,225 zone.
The recent price action shows repeated selling pressure and lower highs. A sustained break below $4,104 would strengthen the bearish outlook, while reclaiming $4,165–$4,175 would be the first sign of meaningful recovery.
Gold 1H Chart
| Resistance | $4,145 | $4,175 | $4,200 |
| Support | $4,104 | $4,086 | $4,050 |
Brent Technical Analysis
Brent crude is showing a bearish short-term structure, trading around $104.14 after falling from the $108.43 area. Price is below the MA5, MA10 and MA20, with the short-term averages turning lower.
Immediate support is around $103.27, followed by the recent low near $101.95. Resistance is around $105.20, followed by $106.00–$107.10.
The latest strong bearish candle reinforces the downside pressure. Unless Brent can reclaim $105.20, the technical bias remains bearish, with a break below $103.27 potentially exposing the $101.95 area.
Brent 1H Chart
| Resistance | $105.20 | $107.10 | $108.22 |
| Support | $103.27 | $101.95 | $100.00 |
Nasdaq Technical Analysis
Nasdaq 100 remains strongly bullish on the 1-hour chart, trading around 31,178 after reaching a fresh high of 31,200. Price is comfortably above the MA5, MA10 and MA20, with all three averages positively aligned.
Immediate resistance is at 31,200–31,280. A sustained break above 31,200 would reinforce the bullish momentum and potentially open the way toward 31,300. Support is around 31,145, followed by 31,017 and 30,750.
Nasdaq 1H Chart
| Resistance | 31,280 | 31,360 | 31,420 |
| Support | 31,145 | 31,017 | 30,750 |
Risk Disclaimer: This material is provided for informational purposes only and does not constitute a recommendation or investment advice. Trading financial instruments on margin involves substantial risk and may not be appropriate for all investors.
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