Web Trader MT5 
Gold Technical Analysis
Gold is currently trading near $4,750, under clear bearish pressure after a strong breakdown from the $5,000 region. The move lower has been aggressive, with price breaking below multiple support levels and forming a sequence of lower highs and lower lows, confirming a strong bearish trend.
The moving averages reflect this bearish dominance. The MA5 and MA10 are sharply below the MA20 and MA30, and all averages are sloping downward, which indicates strong downside momentum.
Volume analysis supports the bearish move. The sell-off toward the current levels was accompanied by strong volume, indicating heavy selling pressure. There are no strong signs yet of accumulation or a reversal structure.
From a technical perspective, $4,800–$4,850 now acts as resistance, and any recovery into this zone is likely to face selling pressure unless momentum shifts. On the downside, $4,720 is immediate support, and a break below it could open the path toward $4,700 and potentially $4,650.
Gold 1H Chart
| Resistance | $4,800 | $4,860 | $4,900 |
| Support | $4,720 | $4,700 | $4,650 |
Brent Technical Analysis
Brent crude is currently trading around $113, continuing a strong bullish expansion after breaking above the $106–$108 resistance zone. The move higher has been impulsive, with price forming a steep sequence of higher highs and higher lows, confirming strong bullish momentum.
The moving averages strongly support the bullish trend. The MA5, MA10, and MA20 are all aligned above the MA30, and all averages are sloping upward, reflecting a well-established uptrend.
Volume behavior confirms the strength of the rally. The breakout above $110 was accompanied by strong volume, signaling aggressive buying.
Technically, $113.80–$115.00 is the immediate resistance zone, and a break above it could extend the rally toward $118. On the downside, $111 acts as first support, followed by $108–$109, which represents a key breakout area and aligns with rising moving averages.
Brent 1H Chart
| Resistance | $113.80 | $114.50 | $115.00 |
| Support | $111.00 | $110.20 | $109.60 |
Dow Jones Technical Analysis
The Dow Jones is currently trading around 46,200–46,300, showing a clear shift back into a bearish trend after failing to sustain gains above the 47,400 resistance level.
The moving averages confirm this bearish shift. The MA5 and MA10 have crossed below the MA20, and price is now trading below the MA30, which is starting to slope downward. This alignment indicates that bearish momentum is building and that sellers are regaining control.
Volume activity increased during the sell-off from 47,400, confirming that the move lower is supported by strong participation.
Technically, 46,800–47,000 now acts as resistance, and as long as price remains below this zone, the bearish bias remains intact. Immediate support lies at 46,000, and a break below this level could expose the index to further downside toward 45,500.
Dow Jones 1H Chart
| Resistance | 46,420 | 46,800 | 47,000 |
| Support | 46,045 | 45,830 | 45,600 |
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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