Web Trader MT5 
Gold Technical Analysis
Gold remains in a short-term consolidation phase after failing to sustain the recovery toward $4,435. Price is currently around $4,328, below the three moving averages MA(5), MA(10), and MA(20), indicating continued downside momentum.
Immediate support is at $4,322, followed by the recent low near $4,293. On the upside, $4,350–$4,365 is the first resistance zone, followed by $4,400 and the recent high at $4,435.76. A break below $4,293 could open the way toward $4,285, while a move back above $4,365 would improve the short-term outlook. Overall, the bias remains bearish in the short term.
Gold 1H Chart
| Resistance | $4,363 | $4,400 | $4,434 |
| Support | $4,293 | $4,266 | $4,230 |
Brent Technical Analysis
Brent crude maintains a strong bullish structure. Price is currently around $107.39, remaining above the moving averages MA(10) and MA(20). The broader sequence of higher highs and higher lows remains intact.
Immediate resistance is around $109.00–$110.03, with a sustained break above $110 potentially opening the way toward $112–$115. On the downside, $106.60 is the first important support, followed by $103.90 and the psychological $100 level. Holding above $106.60 would preserve the bullish structure, while a sustained break below it would signal a deeper correction. Overall, the bias remains bullish, with some short-term consolidation likely.
Brent 1H Chart
| Resistance | $109.00 | $110.03 | $112.25 |
| Support | $106.60 | $103.90 | $100.00 |
Nasdaq Technical Analysis
Nasdaq 100 is showing a clear short-term bearish reversal after failing to hold the recovery toward 29,487. The index has fallen to around 29,040. The moving averages MA(5), MA(10) and MA(20) are now pointing lower, confirming weakening momentum.
Immediate support is around 28,996, followed by 28,965. A break below these levels could expose further downside toward 28,800. On the upside, 29,080–29,250 represents the first resistance zone, followed by 29,487. The recent high at 29,630 remains the major resistance. Overall, the technical bias is bearish, although stabilization above 28,996 could trigger a short-term rebound.
Nasdaq 1H Chart
| Resistance | 29,250 | 29,487 | 29,630 |
| Support | 28,965 | 28,800 | 28,645 |
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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