Trading Insight by Hasti

Gold Technical Outlook: Bullish Momentum Building Toward $3700

Spot gold is expected to stabilize around the $3407–$3414 support zone before possibly retesting $3436 resistance. This level matches the 138.2% Fibonacci projection from the $3310 C-wave.
A brief breakout above $3436 suggests the wave might extend toward $3457 .
Break below $3407 could push prices to $3389, while a breakout above $3436 opens the door to the $3446–$3457 range.
On the daily chart , an ascending triangle is forming — a bullish pattern.
If gold breaks above $3451, the triangle confirms and could send prices to $3700 .
Failure to break may lead to more consolidation and a dip toward $3306 .

Silver Technical Outlook – Bullish Break Possible If Key Level Holds

After a recent climb, silver continues to build volume at higher levels, forming a multi-peak volume pattern.
The lower boundary of the dense volume zone at $38.75 is seen as a key support.
If this level holds, bulls may attempt a further breakout. Above this level, momentum remains strong, and entries on pullback or breakout are favored.
Resistance Levels: 39.35, 39.70, 40
Support Levels: 39, 38.75, 38.45
This analysis is for informational purposes only and does not constitute investment advice

WTI Crude Oil Technical Analysis: Testing Key Support – Will the Downtrend Resume?
WTI crude oil is approaching the key support level at $64.72.
A confirmed breakdown below this level could trigger a deeper pullback toward the $63.72–$64.10 range.
The sharp decline on July 25 appears to confirm the end of the previous rebound, which had originated near this support.
This also signals the continuation of the corrective wave C, which began from the $68.98 level.
Immediate resistance: $65.73
A break above this level may pave the way for a rise toward the $66.35–$66.85 zone.
On the daily chart, the failure to break through $66.90 resistance highlights weakening bullish momentum.
This may initiate a new leg down, with support seen at $64.17.
Currently, the market is range-bound between $64.17 and $66.90.
Only a decisive breakout from this range can provide a clearer directional signal.
Source: Reuters Commodity & Energy Analysts