Web Trader MT5 
WTI Technical Analysis
West Text Intermediate is trading around $92.60 and is showing signs of recovery following a sharp sell-off earlier Tin the week. The broader structure remains corrective, but the short-term price action has shifted into a mild bullish phase.
Price is now forming higher lows, supported by a gradual upward slope in the short-term moving averages. The alignment of MA5 above MA10, with price holding above both, reflects improving momentum, while the MA20 remains below price, acting as dynamic support.
However, the recovery remains limited within a broader range, and the market is approaching a resistance zone around 93.50–94.00. A break above this level could extend gains toward the $96.00 area, while failure to sustain momentum may lead to another pullback toward the $90.50–$91.00 support region.
WTI 1H Chart
| Resistance | $94.50 | $96.20 | $98.00 |
| Support | $91.50 | $90.50 | $88.00 |
Gold Technical Analysis
Gold is trading near $4,440 and is currently under renewed bearish pressure after failing to sustain its recent recovery. The overall structure has shifted back to the downside, with price forming lower highs and beginning to trend below key moving averages.
The rejection from the recent highs near $4,540 has led to a steady decline, and the alignment of moving averages is now turning bearish, with shorter-term averages crossing below longer-term ones. Price is also trading below the 20-period moving average, confirming the loss of bullish momentum.
As long as price remains below the $4,480–$4,500 resistance zone, downside pressure is likely to persist, with potential support levels toward the $4,350 area and possibly a retest of the $4,100 support if selling accelerates.
Gold 1H Chart
| Resistance | $4,560 | $4,650 | $4,740 |
| Support | $4,350 | $4,275 | $4,180 |
S&P 500 Technical Analysis
The S&P 500 is trading around 6,575 and continues to move within a consolidation range following the sharp rebound from the 6,439 low. The market is currently lacking clear directional momentum, with price oscillating between support near 6,500 and resistance around 6,650.
The recent price action shows minor bearish pressure, with lower highs forming in the short term, but the overall structure remains range-bound.
A break below the 6,500 level would likely trigger a deeper pullback toward the 6,430 support zone, while a move above 6,650 could re-establish bullish momentum and push the index toward new highs.
S&P 500 1H Chart
| Resistance | 6,650 | 6,700 | 6,725 |
| Support | 6,500 | 6,440 | 6,380 |
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.
