Web Trader MT5 
Gold Technical Analysis
Gold has staged a strong bullish breakout, surging above the $4,050 resistance zone after rebounding from the $3,960 support area. Price is trading well above the 5, 10, and 20-hour moving averages, with the shorter-term averages crossing above the 20-MA, confirming renewed upside momentum.
Immediate resistance is located at $4,092, followed by the key barrier around $4,113. Initial support is seen at $4,050, with stronger support at $4,035. Holding above $4,050 would keep the bullish outlook intact and could open the door for another test of $4,103, while a break below $4,030 may trigger a deeper pullback.
Gold Chart
| Level 1 | Level 2 | Level 3 | |
| Resistance | $4,092 | $4,113 | $4,125 |
| Support | $4,035 | $4,021 | $4,000 |
Brent Technical Analysis
Brent crude remains in an overall uptrend despite consolidating below the recent high at $91.31. Price continues to trade above the 20-hour moving average, while the 5 and 10-hour averages have flattened, indicating that bullish momentum has eased but the broader trend remains positive.
Immediate resistance is located at $91.30, followed by $92.50. Initial support is found at $88.70, with stronger support around $88.10. A break above $91.30 would signal a continuation of the uptrend, while a move below $88.70 could lead to a deeper correction toward $88.10.
Brent 1H Chart
| Level 1 | Level 2 | Level 3 | |
| Resistance | $91.35 | $92.50 | $93.15 |
| Support | $88.00 | $87.25 | $86.35 |
EURUSD Technical Analysis
EUR/USD remains in a narrow consolidation range around 1.1420, with price trading close to the 5, 10, and 20-hour moving averages. The flattening moving averages indicate weak momentum and a lack of clear directional conviction as buyers and sellers remain balanced.
Immediate resistance is located at 1.1435, followed by 1.1462. Initial support is seen at 1.1412, with stronger support around 1.1365. A sustained move above 1.1435 would improve the short-term outlook and target 1.1460, while a break below 1.1412 would increase downside pressure toward the recent lows.
EURUSD 1H Chart
| Level 1 | Level 2 | Level 3 | |
| Resistance | 1.1435 | 1.1462 | 1.1482 |
| Support | 1.1412 | 1.1365 | 1.1325 |
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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