Technical Outlook

GOLD – A decisive move through base support strengthens signals for further downside continuation

Gold extended its decline on Wednesday as a stronger US dollar intensified selling pressure, driving the metal through the key $4,120/$4,100 support zone, which marks the 76.4% Fibonacci retracement of the $3,942/$4,697 rally and a major psychological threshold. Recent price action suggests the formation of a temporary base, although recovery…
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Brent Crude Falls Below the $100 Mark

Brent crude slipped back below the $100-per-barrel mark on Friday, surrendering much of the previous session’s 5.5% surge as market sentiment remained highly volatile and driven by rapidly shifting geopolitical developments. Concerns over prolonged supply disruptions following renewed signs of escalation in the US-Iran conflict eased after…
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