Web Trader MT5 
Gold Technical Analysis
Gold shows a strong rally on the hourly chart from $3,268 since last week. Yesterday’s trading saw consolidation just below the high, forming a potential bullish flag. All three moving averages MA(5), MA(10), and MA(30) are in bullish alignment.
Price is currently trading near the 30-period moving average, which acts as a dynamic support level. Failure to break below the moving average is considered bullish for prices.
Overall trend is still bullish. A break above $3,385 opens the door for more gains in the short term.
Gold (XAUUSD) 1H Chart
| Resistance | $3,378 | $3,385 | $3,400 |
| Support | $3,366 | $3,358 | $3,348 |
USDJPY Technical Analysis
Following Friday’s sharp declines on USDJPY, the pair is still in a downtrend on the hourly chart. All three moving averages MA(5), MA(10), and MA(30) are pointing down.
MACD shows strong bearish momentum Current price around 147.15 suggests a minor pullback, possibly forming a bear flag.
The trend is still bearish unless price reclaims 148.00 resistance level. Price is currently facing the 30-period moving average which acts as a dynamic resistance.
Watch for consolidation or continuation below 146.60.
USDJPY 1H Chart
| Resistance | 147.27 | 147.65 | 148.20 |
| Support | 146.61 | 146.36 | 145.81 |
Brent Technical Analysis
Brent shows a clear trend reversal on the hourly chart, with lower highs and lower lows.
Moving averages MA(5) and MA(10) are sloping downwards, suggesting bearish short-term momentum. The 30-period MA acts as a dynamic resistance, and the price is currently below it.
A pullback toward 30-period moving average with failure to close above it could push price further down toward the support level $67.75
Brent (UKOUSD) 1H Chart
| Resistance | $69.18 | $69.76 | $70.23 |
| Support | $67.80 | $67.42 | $67.18 |
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.
