Web Trader MT5
Gold Technical Analysis
Gold is showing a short-term bearish bias on the 1-hour chart after failing to sustain the recovery toward the $4,510 high. Following that peak, price formed a series of lower highs and lower lows, eventually breaking below the $4,400 level. The moving averages MA(5), MA(10), and MA(20) have turned bearish, leaving price below all three. This indicates that sellers currently retain control of the short-term trend.
The immediate support is around $4,385, corresponding to the latest intraday low, while $4,330 represents the next major support. On the upside, $4,400–$4,420 is now the first resistance zone, followed by $4,463. A sustained break below $4,385 would reinforce the bearish structure and potentially accelerate the decline toward $4,330. Conversely, reclaiming $4,420 and particularly $4,463 would weaken the bearish setup. For now, the technical outlook remains bearish, with rallies likely to face selling pressure.
Gold 1H Chart
| Resistance | $4,416 | $4,450 | $4,490 |
| Support | $4,364 | $4,324 | $4,300 |
Brent Technical Analysis
Brent crude remains in a strong bullish trend, with price climbing to around $98.30 after breaking out of the recent consolidation range. The chart shows a clear sequence of higher highs and higher lows from the $91.49 area, while the moving averages MA(5), MA(10), and MA(20) remain positively aligned. This confirms that the underlying short-term momentum remains positive.
The immediate resistance is the $98.99 intraday high, followed by the psychological $100.00 level. A sustained break above $99.00 would strengthen the bullish continuation scenario and potentially bring $100 into focus. On the downside, $97.90–$98.00 provides the first support, followed by $97.20. A deeper correction could extend toward $95.00, but the current structure remains firmly bullish. As long as Brent holds above 97.20, the preference remains for further upside, although the proximity to 100 could trigger some profit-taking.
Brent 1H Chart
| Resistance | $99.05 | $100.21 | $101.55 |
| Support | $97.20 | $96.34 | $95.00 |
USDJPY Technical Analysis
USDJPY remains under strong bearish pressure on the 1-hour chart. The moving averages MA(5), MA(10), and MA(20) are currently clustered around 155.97–156.05, with price at approximately 155.81, indicating that the pair is trading just below the short-term moving-average group.
The key support is the 155.29 low. A decisive break below this level would reinforce the bearish structure and potentially expose the 154.75 area. On the upside, 156.00–156.35 is the immediate resistance zone, while a stronger recovery would need to reclaim 157.15–157.85. The overall structure remains bearish, although the extended decline from 160.38 means consolidation or a corrective rebound could occur before another directional move. As long as price remains below 156.35–157.00, sellers maintain the technical advantage.
USDJPY 1H Chart
| Resistance | 156.30 | 156.76 | 157.28 |
| Support | 155.30 | 155.00 | 154.48 |
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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