Commodities
The general trend is down
The short trend is down
Time frame 4 hours
OIL technical analysis 03/03/2026
U.S. crude oil is trading in a general downtrend, and in the short term the trend also remains bearish. Price declined from the 80.00 resistance level to the 72.00 support level, which was broken to the downside, leading to further losses toward 68.00. After breaking below 68.00, price continued lower to 65.00, which was also breached, extending the decline to the current support level at 56.00.
Price held above 56.00 and rebounded to the 63.00 resistance level, which was broken to the upside. The rally continued to 63.50 before correcting down to the 60.00 support level. From there, price moved higher again toward the 65.00 resistance level, broke above it, and tested the 68.00 resistance. After breaking 68.00, the rally extended to test 77.50 resistance, followed by a pullback to 65.00 support.
Price then rose to the 70.00 resistance level, corrected below the 66.00 support level, and later climbed above 74.00.
Therefore, the positive outlook for oil depends on holding above the 74.00 support level, which would open the way for further gains toward the 76.00 resistance level.
As for the negative outlook, a close below 74.00 and a downside reversal would likely push oil down toward the 72.00 support level.
The general trend is up
The short trend is up
Time frame 4 hours
Gold technical analysis03/03/2026
Gold is trading in a general uptrend, and in the short term it is also moving in an uptrend. Price climbed and broke above the 3000 resistance level, continuing higher toward the 3050 resistance level, which was also breached. The rally extended to 3167, where prices were tested before correcting down to the 2970 support level.
From there, gold rebounded to 3025, broke above it, and continued rising to 3130, which was also broken, leading to further gains toward 3357. A pullback followed to the 3310 support level, after which the uptrend resumed toward 3500, where prices were tested again.
A correction then occurred down to the 3280 support level, which was broken to the downside, pushing price lower to 3120. Gold then climbed to 3250, corrected to 3200 support, and resumed its rise to 3400, then 3600, then near 4380, and later advanced to 5600. A pullback to 4600 followed, before rising again above 5300.
Therefore, the positive outlook depends on holding above the 5300 support level, which would open the way for a move toward the 5400 resistance level.
As for the negative outlook, a close below 5300 would likely push gold down toward the 5230 support level.
From there, gold rebounded toward 3025, broke above it, and continued rising to 3130, which was also broken, leading to further gains toward 3357. A pullback followed to the 3310 support level, after which the uptrend resumed toward 3500, where prices were tested again.
A correction then occurred down to the 3280 support level, which was broken to the downside, pushing price lower to 3120. Gold then climbed to 3250, corrected to 3200 support, and resumed its rise to 3400, then 3600, then near 4380, and later advanced to 5600. A pullback to 4600 followed, before rising again to 5400.
Therefore, the positive outlook depends on breaking above the 5450 resistance level, which would open the way for a move toward the 5600 resistance level.
As for the negative outlook, a close below 5450 would likely push gold down toward the 5350 support level.
The general trend is down
The short trend is down
Time frame 4 hours
OIL technical analysis 02/03/2026
U.S. crude oil is trading in a general downtrend, and in the short term the trend also remains bearish. Price declined from the 80.00 resistance level to the 72.00 support level, which was broken to the downside, leading to further losses toward 68.00. After breaking below 68.00, price continued lower to 65.00, which was also breached, extending the decline to the current support level at 56.00.
Price held above 56.00 and rebounded to the 63.00 resistance level, which was broken to the upside. The rally continued to 63.50 before correcting down to the 60.00 support level. From there, price moved higher again toward the 65.00 resistance level, broke above it, and tested the 68.00 resistance. After breaking 68.00, the rally extended to test 77.50 resistance, followed by a pullback to 65.00 support.
Price then rose to the 70.00 resistance level, corrected below the 66.00 support level, and later climbed above 72.00.
Therefore, the positive outlook for oil depends on holding above the 72.00 support level, which would open the way for further gains toward the 75.00 resistance level.
As for the negative outlook, a close below 72.00 would signal renewed downside pressure.
The general trend is up
The short trend is up
Time frame 4 hours
Gold technical analysis02/03/2026
Gold is trading in a general uptrend, and in the short term it is also moving in an uptrend. Price climbed and broke above the 3000 resistance level, continuing higher toward the 3050 resistance level, which was also breached. The rally extended to 3167, where prices were tested before correcting down to the 2970 support level.
From there, gold rebounded toward 3025, broke above it, and continued rising to 3130, which was also broken, leading to further gains toward 3357. A pullback followed to the 3310 support level, after which the uptrend resumed toward 3500, where prices were tested again.
A correction then occurred down to the 3280 support level, which was broken to the downside, pushing price lower to 3120. Gold then climbed to 3250, corrected to 3200 support, and resumed its rise to 3400, then 3600, then near 4380, and later advanced to 5600. A pullback to 4600 followed, before rising again to 5400.
Therefore, the positive outlook depends on breaking above the 5450 resistance level, which would open the way for a move toward the 5600 resistance level.
As for the negative outlook, a close below 5450 would likely push gold down toward the 5350 support level.
The general trend is down
The short trend is down
Time frame 4 hours
OIL technical analysis 27/02/2026
U.S. crude oil is trading in a general downtrend, and in the short term the trend remains bearish. Price declined from the 80.00 resistance level to the 72.00 support level, which was broken to the downside, leading to a further drop to 68.00 support. This level was also broken, pushing prices down to 65.00 support, which was likewise breached, extending the decline to the current support level at 56.00.
Prices then held above this level and rebounded to the 63.00 resistance level, breaking above it and continuing higher to 63.50 resistance. A correction followed to the 60.00 support level, after which prices rose again near the 65.00 resistance level. This level was broken to the upside, and prices tested 68.00 resistance, which was also breached, leading to a rally toward 77.50 resistance.
A correction then occurred to the 65.00 support level, followed by a rise to the 70.00 resistance level. Prices then corrected below the 66.00 support level.
Therefore, the positive outlook for oil is a break above the 66.00 resistance level, which would extend the rise toward 67.00 resistance.
The negative outlook would be a close below 66.00 and a reversal to the downside, which could push oil down to the 65.00 support level.
The general trend is up
The short trend is up
Time frame 4 hours
Gold technical analysis27/02/2026
Gold is in a general uptrend, and in the short term it is also in an upward trend. Price rose and broke above the 3000 resistance level, continuing up to 3050, which was also broken. The rally extended to the 3167 resistance level, where prices were tested and then corrected down to the 2970 support level. From there, price moved higher to 3025 resistance, broke above it, and continued rising to 3130, which was also breached.
The uptrend continued toward the 3357 resistance level, followed by a correction to the 3310 support level. Then the upward trend resumed to test the 3500 resistance level. Prices corrected to the 3280 support level, broke below it, and declined to 3120. After that, price rose to the 3250 resistance level, corrected to 3200 support, then climbed again to 3400, continued up to 3600, then 4380, and later to the 5600 resistance level. A correction followed to 4600, then price rebounded to 5180.
Therefore, the positive outlook remains as long as gold holds above the 5180 support level, targeting the next resistance at 5230.
The negative outlook would be a close below 5180, which could lead gold to decline toward the 5090 support level.
The general trend is down
The short trend is down
Time frame 4 hours
OIL technical analysis 26/02/2026
U.S. crude oil is trading in a general downtrend, and in the short term the trend remains bearish. Price declined from the 80.00 resistance level to the 72.00 support level, which was broken to the downside, leading to further losses toward 68.00. After breaking below 68.00, price continued lower to 65.00, which was also breached, extending the decline to the current support level at 56.00.
Price held above 56.00 and rebounded to the 63.00 resistance level, which was broken to the upside. The rally continued to 63.50 before correcting down to the 60.00 support level. From there, price moved higher again toward the 65.00 resistance level, broke above it, and tested the 68.00 resistance. After breaking 68.00, the rally extended to test 77.50 resistance, followed by a pullback to 65.00 support.
Price then rose to the 70.00 resistance level and corrected from it to below the 66.00 support level.
Therefore, the positive outlook for oil depends on breaking above the 66.00 resistance level, which would open the way for further gains toward the 67.00 resistance level.
As for the negative outlook, a close below 66.00 and a downside reversal would likely push oil down toward the 65.00 support level.
The general trend is up
The short trend is up
Time frame 4 hours
Gold technical analysis26/02/2026
Gold is trading in a general uptrend, and in the short term it is also in an uptrend. Price moved higher and broke above the 3000 resistance level, continuing its rise toward 3050, which was also breached. The rally extended to 3167, where prices were tested before correcting down near the 2970 support level.
Gold then rebounded to 3025, broke above it, and continued rising to 3130, which was also broken, leading to further gains toward 3357. A pullback followed to the 3310 support level, after which the uptrend resumed toward 3500, where prices were tested again.
A correction then occurred down to 3280, which was broken to the downside, pushing price lower near 3120. From there, gold climbed to 3250, corrected to 3200 support, then advanced to 3400, followed by further gains to 3600, then 4380, and later to 5600. A pullback to 4600 followed, before rising again to 5170.
Therefore, the positive outlook remains valid as long as price holds above the 5130 support level, targeting the next resistance at 5230.
As for the negative outlook, a close below 5130 would likely push gold down toward the 5050 support level.
The general trend is down
The short trend is down
Time frame 4 hours
OIL technical analysis 25/02/2026
U.S. crude oil is trading in a general downtrend, and in the short term the trend is also bearish. Price declined from the 80.00 resistance level to the 72.00 support level, which was broken to the downside, leading to further losses toward 68.00. This level was also broken, pushing price down to 65.00, which was likewise breached, extending the decline to the current support at 56.00.
Price held above 56.00 and rebounded to the 63.00 resistance level, which was broken to the upside. The rally continued to 63.50 before correcting down to the 60.00 support level. From there, price moved higher again toward the 65.00 resistance level, broke above it, and tested 68.00 resistance. After breaking 68.00, the rally extended to test 77.50 resistance, followed by a pullback to 65.00 support.
Price then rose to 70.00 resistance and corrected from it to below the 66.00 support level.
Therefore, the positive outlook for oil depends on breaking above the 66.00 resistance level, which would open the way for further gains toward 67.00.
As for the negative outlook, it would be confirmed by a close below the 66.00 level.
The general trend is up
The short trend is up
Time frame 4 hours
Gold technical analysis25/02/2026
Gold is trading in a general uptrend and, in the short term, also in an uptrend. Price moved up and broke above the 3000 resistance level, continuing higher to 3050, then extended gains to 3167, where prices were tested before correcting down to the 2970 support level.
From there, price rebounded to 3025, broke above it, and continued rising to 3130, which was also broken, leading to further gains toward 3357. A correction followed to the 3310 support level, after which the uptrend resumed toward 3500, where prices were tested again.
A pullback then occurred to 3280, which was broken to the downside, sending price down near 3120. Gold then rebounded to 3250, corrected to 3200 support, and resumed its climb to 3400, then 3600, then near 4380, and later advanced to 5600 before correcting to 4600 and rising again to 5170.
Therefore, the positive outlook remains valid as long as price holds above the 5130 support level, targeting the next resistance at 5230.
As for the negative outlook, it would be confirmed with a daily close below…
The general trend is down
The short trend is down
Time frame 4 hours
OIL technical analysis 24/02/2026
U.S. crude oil is trading in a general downtrend, and in the short term the trend also remains bearish.
Price declined from the 80.00 resistance level to the 72.00 support level, which was broken to the downside. The decline continued to 68.00 support, which was also breached, followed by a further drop to 65.00, which was broken as well. The downward movement extended to the current support level at 56.00, where prices stabilized and rebounded toward the 63.00 resistance level, which was broken to the upside.
The rally continued to the 63.50 resistance level, followed by a correction to the 60.00 support level. From there, price advanced again toward the 65.00 resistance level, broke above it, and tested the 68.00 resistance level, which was also breached. The upward move extended to test the 77.50 resistance level, followed by a correction down to the 65.00 support level.
Afterward, crude oil climbed to the 70.00 resistance level and then corrected below the 66.00 support level.
Therefore, the positive outlook for oil would be confirmed by a breakout above the 66.00 resistance level, which could lead to further gains toward the 67.00 resistance level.
On the other hand, the negative scenario would be confirmed by a close below 66.00 and a renewed downside move, which could push oil down toward the 65.00 support level.
The general trend is up
The short trend is up
Time frame 4 hours
Gold technical analysis24/02/2026
Gold is trading in a general uptrend, and in the short term it is also maintaining a bullish direction.
Price advanced and broke above the 3000 resistance level, continuing higher toward the 3050 resistance, which was also breached. The rally extended to the 3167 resistance level, where prices were tested and a correction followed down to the 2970 support level.
Gold then rebounded toward the 3025 resistance level, broke above it, and continued higher to 3130, which was also breached, leading to further gains toward the 3357 resistance level. A correction followed to the 3310 support level, after which the uptrend resumed toward the 3500 resistance level. Prices tested 3500 and corrected down to the 3280 support level, which was broken to the downside, sending gold lower toward the 3120 level.
Afterward, prices rebounded toward the 3250 resistance level, corrected to the 3200 support level, then advanced again to 3400, continued higher to 3600, and further up toward 4380. The rally extended to the 5600 resistance level, followed by a correction to 4600, and then another rise to 5170.
Therefore, the positive outlook remains valid as long as gold holds above the 5130 support level, targeting the next resistance at 5230.
On the other hand, the negative scenario would be confirmed by a close below 5130, which could push gold down toward the 5050 support level.
The general trend is up
The short trend is up
Time frame 4 hours
Gold technical analysis23/02/2026
Gold is trading in an overall uptrend, and in the short term it is also moving within an upward trend. The price climbed and broke above the 3000 resistance level, continuing higher toward the 3050 resistance, which was also breached. The rally extended to 3167 resistance, where prices tested the level and then corrected down to the 2970 support level.
From 2970, gold rebounded to 3025 resistance, broke above it, and continued rising to 3130, which was also broken. The price then advanced to 3357 resistance, corrected to the 3310 support level, and resumed the uptrend toward 3500 resistance. After testing 3500, gold corrected to 3280 support, which was broken, leading to a decline toward 3120.
Subsequently, prices rebounded to 3250 resistance, corrected to 3200 support, then climbed to 3400 resistance, continued higher to 3600, extended the rally to 4380, and then advanced to 5600 resistance. A correction followed down to 4600, before prices rose again to 5130.
Therefore, the bullish outlook remains valid as long as gold holds above the 5130 support level, targeting the next resistance level at 5230.
On the other hand, the bearish scenario would be confirmed by a close below 5130, which could push gold down toward the 5050 support level.
The general trend is down
The short trend is down
Time frame 4 hours
OIL technical analysis 23/02/2026
U.S. crude oil is trading in an overall downtrend, and in the short term the trend remains bearish. The price declined from the 80.00 resistance level to the 72.00 support level, which was broken to the downside. The decline continued to 68.00 support, which was also broken, followed by further losses to 65.00 support, which was breached as well. The downward movement extended to the current support level at 56.00.
After holding above 56.00, prices rebounded toward the 63.00 resistance level, which was broken to the upside. The rally continued to 63.50 resistance, followed by a correction to the 60.00 support level. From there, crude oil climbed again toward the 65.00 resistance level, broke above it, tested the 68.00 resistance, and then broke higher to test the 77.50 resistance level.
A correction followed down to the 65.00 support level, after which prices rebounded to 70.00 resistance and then corrected below the 66.00 support level.
Therefore, the bullish outlook for oil requires a break above the 66.00 resistance level, which could lead to further gains toward 67.00 resistance.
On the other hand, the bearish scenario would be confirmed by a close below 66.00 and a downside reversal, which may push oil down toward the 65.00 support level.
