Metals
Gold Technical Analysis
Gold is currently trading in a sideways consolidation after rejecting both the major support at $3,998 and the recent swing high around $4,132. The price structure shows no clear directional conviction from either buyers or sellers. The moving averages reflect this indecision. The shorter-term moving averages MA(5) and MA(10) are frequently crossing each other, while the 30-MA remains relatively flat.
MACD fluctuates around the zero line with small bars and no sustained momentum in either direction. For now, gold continues to fluctuate between $4,030 and $4,075, forming a sideways channel.
A breakout above $4,075 may open the door to retest the $4,100–$4,130 area, while a breakdown below $4,030 could send gold back to the major support zone around $4,000.
Gold 1H Chart
| Resistance | $4,133 | $4,244 | $4,300 |
| Support | $3,997 | $3,963 | $3,916 |
EURUSD Technical Analysis
Following a prolonged downside drift, EURUSD is showing signs of early stabilization on the hourly chart. The pair recently bounced from the 1.1490 support area. Since the bounce, price has been making slightly higher lows, although the recovery remains modest.
Price is currently breaking above the short term moving averages MA(5) and MA(10), while the 30-period moving average is still above price, suggesting that the broader trend is not yet bullish. These conditions imply that the recent move is more of a corrective pullback rather than a confirmed trend reversal.
MACD has shifted into positive territory, showing that bullish momentum is slowly building.
Until the pair breaks above the 1.1535–1.1550 zone, which represents both the 30-MA and earlier resistance, it remains vulnerable to renewed selling.
As long as EURUSD stays above 1.1490, it has room for a mild upward continuation, but upside momentum is still weak. A downside break below 1.1490 would reopen the path toward deeper lows.
EURUSD 1H Chart
| Resistance | 1.1569 | 1.1605 | 1.1655 |
| Support | 1.1468 | 1.1393 | 1.1313 |
Bitcoin Technical Analysis
The hourly chart of Bitcoin shows recovery momentum after the strong rebound from the $80,630 support level. Since that low, the price has been forming higher highs and higher lows, which indicates a short-term bullish structure.
Price continues to trade above all three moving averages MA(5), MA(10), and MA(30), confirming positive momentum.
Bitcoin appears to be in a consolidation phase after a strong upward impulse, and unless price drops below the $84,800–$85,200, the bullish structure remains intact. A break above $87,500 should resume the uptrend, while a drop below the short-term support might trigger a correction toward the $83,000–$82,000 area.
Bitcoin 1H Chart
| Resistance | $89,407 | $92,756 | $94,103 |
| Support | $83,454 | $80,609 | $78,200 |
