Web Trader MT5 
Brent Technical Analysis
Brent oil has recovered from the $96 low and is attempting to stabilize near the psychological $100.00 level again. However, price is still trading below the moving average MA20 on the hourly chart, and below the recent swing high at $105.55. The rebound appears to be a corrective bounce for now.
Immediate resistance is located near $100.90–$101.10, which aligns with the MA20 area. A breakout above this zone would improve sentiment and could target $103.50 next. On the downside, support sits at $99.00, then $98.20, with stronger support at $96.30. Momentum has improved in the short term, but bulls still need a stronger break higher to fully reverse the prior decline. For now, oil is in recovery mode, but confirmation is still needed.
Brent 1H Chart
| Resistance | $101.54 | $103.64 | $105.50 |
| Support | $98.18 | $97.41 | $96.30 |
Nasdaq Technical Analysis
Nasdaq is extending its bullish trend and currently trading near 25,500. Price has sharply rebounded from the 24,784 low seen yesterday, and the move has been supported by a clear bullish alignment of moving averages, with MA5 above MA10 and both above MA20. This confirms strong momentum and sustained demand.
The current structure suggests continuation strength, but price is also approaching a psychological resistance area near 25,500–25,600, where some profit taking could appear. If bulls break above this ceiling, the next upside leg may accelerate further. Initial support is seen at 25,420–25,360, with stronger trend support near 25,250. Unless price falls back below those zones, the trend stays valid. In short, Nasdaq is bullish, but traders should watch for short-term consolidation after the recent fast rally.
Nasdaq 1H Chart
| Resistance | 25,572 | 25,791 | 25,902 |
| Support | 25,400 | 25,227 | 25,076 |
Gold Technical Analysis
Gold continues to recover strongly from the recent $4,636 low seen on Monday, showing a sequence of higher highs and higher lows on the 1-hour chart. Price is now trading above the moving averages MA5, MA10, and MA20, which confirms improving short term momentum and a constructive bullish structure. The rebound shows buyers have regained control after the sharp selloff, with steady upside candles.
The immediate resistance zone is located around 4,780–4,800, where previous highs and supply pressure emerged. A clean break above this area would likely open the path toward 4,820 and potentially retest broader highs. On the downside, first support sits near 4,760, followed by stronger support around 4,745–4,748, where the moving averages are clustering. As long as price remains above these levels, buying pressure may remain. Overall bias remains bullish unless price loses the 4,745 zone decisively.
Gold 1H Chart
| Resistance | $4,800 | $4,835 | $4,867 |
| Support | $4,757 | $4,733 | $4,700 |
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.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Capital Market Authority (CMA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.
