Web Trader MT5 
Gold Technical Analysis
After falling to $4,840 at the start of the week, gold has shown signs of recovery as it reclaimed the $4,950 level and is now trading near the $5,000 psychological area while forming higher lows intraday.
The short-term moving averages (5 and 10) have crossed above the 30-period moving average, and price is trading above them, indicating renewed short term bullish momentum. Nevertheless, the 30-period moving average still slopes slightly downward, which suggests that the broader short-term structure has not fully transitioned into a confirmed bullish trend.
MACD supports the current upside attempt, as the lines have crossed positively, reflecting strengthening momentum. As long as gold holds above $4,950, there is potential for a push toward $5,050 and possibly a retest of 5,100. A break below $4,950 would weaken the recovery and likely bring $4,840 back into focus. For now, gold appears to be in a bullish retracement phase within a broader corrective structure.
Gold 1H Chart
| Resistance | $5,010 | $5,030 | $5,052 |
| Support | $4,966 | $4,944 | $4,905 |
Brent Technical Analysis
Brent shows a strong and clean bullish structure. After forming a clear base around $67.00, price launched into a strong impulsive rally, breaking above $68.50 and extending toward the $70.60–$70.80 region. The structure shows higher highs and higher lows. The moving averages are aligned in a classic bullish configuration, while price remains comfortably above all of them. This alignment indicates strong trend momentum.
MACD also supports the bullish bias, with a strong positive crossover. Although momentum appears slightly less aggressive near current highs, it remains positive overall. As long as Brent holds above $69.80, the bullish structure remains intact. A break above $71.00 would likely trigger another expansion leg.
Brent 1H Chart
| Resistance | $70.20 | $70.56 | $71.00 |
| Support | $69.56 | $69.12 | $68.85 |
Dow Jones Technical Analysis
Dow Jones has recently been building a short-term consolidation structure between approximately 49,500 and 49,900. Buyers are gradually regaining control. However, price remains capped below the psychological 50,000–50,050 resistance zone. The moving averages reflect this neutral tone. The 5 and 10 moving averages have flattened and are slightly above the 30-period moving average.
MACD confirms this consolidation phase, with momentum flattening after a prior bullish crossover. If price breaks decisively above 50,050, it could open the path toward 50,300–50,500. Conversely, a move below 49,450 would increase the probability of revisiting the 49,100 support. Overall, the structure is range bound with a mild bullish bias.
Dow Jones 1H Chart
| Resistance | 49,892 | 49,987 | 50,000 |
| Support | 49,530 | 49,424 | 49,273 |
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