Web Trader MT5 
Gold Technical Analysis
Gold prices rallied from $3,312 to $3,399 but is now consolidating.
Price is still above the 30-period moving average, indicating that the medium-term uptrend is still intact.
Shorter moving averages MA(5) and MA(10) are flattening and slightly crossing downward, showing reduced momentum.
MACD line is above zero but the histogram has turned red, indicating that bullish momentum is fading.
Medium-term bias is still bullish on gold, but price is currently in consolidation phase.
Gold (XAUUSD) 1H Chart
| Resistance | $3,400 | $3,421 | $3,456 |
| Support | $3,384 | $3,373 | $3,361 |
S&P500 Technical Analysis
Price is consolidating near 6,480 levels after reaching a new record high yesterday. The overall bias is still bullish.
Moving averages MA(5) and MA(10) are moving close together and hovering above the 30-period moving average on the hourly chart, which suggests mild bullish momentum but losing strength.
Price is near resistance around 6,489
MACD shows weakening momentum and currently signal and MACD lines are converging, which means possible sideways or correction phase.
The outlook on the index is still bullish but with caution. Watch for breakout above 6,500 for continuation, otherwise risk of pullback to 6,450 support.
S&P500 1H Chart
| Resistance | 6,489 | 6,500 | 6,525 |
| Support | 6,456 | 6,437 | 6,419 |
Ether Technical Analysis
Following the recent surge to a new all-time high for Ether to 4,955, price retraced heavily to around 4,200, and is currently rebounding.
Moving averages MA(5) and MA(10) on the hourly chart show indecisiveness. However, the 30-period moving average acts as resistance around 4,600.
Momentum is still weak on the MACD as the histogram is near zero level.
We may see deeper correction on Ether till the end of the week. However, the overall trend is still bullish.
Breaking above $4,650 may open the door for further gains towards $4,950 and possibly a new all-time high.
Ether 1H Chart
| Resistance | $4,464 | $4,736 | $4,884 |
| Support | $4,468 | $4,395 | $4,207 |
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