Crude Oil Withdrawal Continues

XAUUSD – Gold Technical Analysis

Gold is showing a negative trend this morning after the rise from the previous day. In case of downward movements in gold, the resistance levels to watch could be 2905 and 2920 dollars. In case of a recovery, the support levels to watch are 2880 and 2865 dollars.

Resistance levels: 2900 / 2910 / 2920
Support levels: 2875 / 2865 / 2855
 

XAGUSD Technical Analysis

Silver is showing a bullish trend this morning. In the case of upward movements, the key resistance levels to monitor are 31.80 and 32.00. For downward movements, the important support levels to observe are 31.50 and 31.20, which coincide with the 50-day exponential moving average.

Resistance levels: 31.80 / 32.00 / 32.15
Support levels: 31.50 / 31.20 / 31.00
 

EUR/USD Technical Analysis

The EUR/USD pair is showing a bullish trend this morning. In the event of further upward movements, the resistance levels to follow could be 1.0500 and 1.0520. If there are any pullbacks, the critical support levels to watch are 1.0460 and 1.0440.

Resistance levels: 1.0500 / 1.0520 / 1.0540
Support levels: 1.0460 / 1.0440 / 1.0420
 

NAS100 Technical Analysis

The NAS100 futures index, trading above 205050 this morning, continues its bullish trend. If this upward movement continues, the resistance levels to monitor are 20765 and 20940. For any downward movements, the important support levels to track are 20395 and 20240.

Resistance levels: 20765 / 20940 / 21130
Support levels: 20395 / 20240 / 20040
 

UKOIL Technical Analysis

Oil prices are down after OPEC+ announced plans to resume production despite previous delays. Technically, Brent crude oil is priced above $71 per barrel this morning. If downward movements continue, the key support levels are 70.70 and 70.30. In case of a recovery, the resistance levels to monitor are 71.65 and 72.20.

Resistance levels: 71.65 / 72.20 / 72.65
Support levels: 70.70 / 70.30 / 69.70