Web Trader MT5 
Gold Technical Analysis
Gold is attempting a modest recovery after bouncing from the $3,983 support area. Price has reclaimed the 5 and 10-period moving averages and is testing the 20-period moving average, indicating improving short-term momentum. However, the broader trend remains cautious until buyers establish a series of higher highs.
Immediate resistance is located around $4,030–$4,040, followed by $4,080. Support is seen at $4,000, with stronger support near $3,983. A break above the 20-period moving average could strengthen the recovery, while a move back below $4,000 would place the recent lows back into focus.
Gold 1H Chart
| Resistance | $4,080 | $4,140 | $4,200 |
| Support | $3,980 | $3,820 | $3,750 |
Brent Technical Analysis
Brent crude remains in a strong bullish trend, extending its rally to $85.66. Price continues to trade well above the 5, 10, and 20-period moving averages, confirming strong buying momentum. The recent consolidation below the highs appears to be healthy profit-taking rather than a trend reversal.
Immediate resistance stands at $85.66, followed by the psychological $86.00 level. Initial support is located around $84.80, while stronger support is found near $83.00, close to the 20-period moving average. As long as price remains above these levels, the overall trend favors further gains.
Brent 1H Chart
| Resistance | $85.70 | $86.00 | $87.00 |
| Support | $83.65 | $82.00 | $81.43 |
Nasdaq 100 Technical Analysis
The Nasdaq-100 is attempting to recover after finding support near 29,100, with price climbing back above the 5 and 10-period moving averages. However, the index continues to trade below the 20-period moving average, suggesting the broader short-term trend remains neutral to slightly bearish. Momentum has improved, but buyers need a stronger breakout to confirm a trend reversal.
Immediate resistance is located around 29,450–29,650, followed by the recent high at 29,880. Support is seen at 29,300, with stronger support near 29,100. A break above the MA20 could trigger further upside, while a move below 29,300 would shift momentum back in favor of sellers.
Nasdaq 100 1H Chart
| Resistance | 29,650 | 29,880 | 30,000 |
| Support | 29,000 | 28,730 | 28,562 |
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.
