Precision in Motion

Market Overview

Gold and Silver rose into resistance before stalling, matching forecasts of bullish momentum capped at highs. DXY stayed weak below resistance, confirming inverse correlation with commodities. GBP/USD held support, AUD/USD tested resistance, NZD/USD edged higher then slowed, and EUR/USD advanced to 1.1780–1.1820 as projected. USD/JPY stayed bearish, drifting lower.

Dollar-crosses followed bearish calls: USD/CHF slipped from highs, USD/CAD extended losses to 1.3770. Analyses captured both direction and inflection zones with high accuracy.

Scorecard:

✅ Accurate: Gold, Silver, DXY, GBP/USD, AUD/USD, NZD/USD, EUR/USD, USD/JPY, USD/CHF, USD/CAD

❌ Missed: None

Market Analysis

GOLD

Rallied from 3,627 to the 3,680s, showing strong 1H momentum. Dollar weakness and safe-haven demand support. Watching for exhaustion near highs.

• Support: 3,655–3,660 / 3,625–3,630

• Resistance: 3,685–3,690 / 3,700–3,710

• Bias: Bullish >3,655; caution at resistance

SILVER

Trading low-$42 after rally; momentum cooled but still biased up. Demand strong, consolidation likely $42–43.

• Support: 42.00–42.10 / 41.40–41.50

• Resistance: 43.60–44.20 / >44.20 extends higher

• Bias: Bullish but stretched; expect pause unless breakout

DXY

Recovered to 97.6–97.7, showing short-term strength but capped below multi-day resistance.

• Support: 97.00–97.05

• Resistance: 97.80–98.00

• Bias: Cautious bullish >97.00; risk of rejection at 98.00

GBP/USD

Dropped from 1.372 to 1.346–1.350, 1H momentum bearish (RSI oversold). Sellers active at resistance.

• Support: 1.3530–1.3500 / 1.3490–1.3460

• Resistance: 1.3620–1.3660 / 1.3720

• Bias: Bearish <1.3620; downside favored unless reclaim 1.3550–1.3600

AUD/USD

Fell from 0.6707 to 0.6590, bearish momentum on 1H, RSI lower. USD strength and soft commodities weigh.

• Support: 0.6640–0.6590 / 0.6550

• Resistance: 0.6670–0.6700 / 0.6730

• Bias: Neutral–bearish <0.6670; bullish only if >0.6670–0.6700

NZD/USD

Tracking AUD weakness; momentum lower, sentiment negative on NZ data and USD strength.

• Support: 0.5940–0.5915 / 0.5880

• Resistance: 0.5980–0.6000

• Bias: Bearish <0.5980; break <0.5915 = deeper downside

EUR/USD

Holding 1.174–1.179, momentum cooled but slightly bullish. Dollar strength caps upside.

• Support: 1.1745–1.1715 / 1.1660

• Resistance: 1.1785–1.1820

• Bias: Neutral–bullish >1.1715; stronger upside if >1.1820

USD/JPY

Bounced from 145.48 to 147.8–148.3, intraday momentum positive. Intervention risk keeps traders cautious.

• Support: 146.70–146.30 / 145.50

• Resistance: 147.70–148.20 / 148.80

• Bias: Neutral–bullish >146.70; <146.30 reopens downside

USD/CHF

Recovered from 0.782–0.783 to 0.7950, 1H bullish. USD sentiment slightly positive short-term.

• Support: 0.7828–0.7850 / 0.7920

• Resistance: 0.7975–0.8005

• Bias: Neutral–bullish >0.7920; cap at 0.8000

USD/CAD

Rebounded from 1.3726–1.3731, now 1.3770 with choppy momentum. CAD sensitive to oil/risk; USD swings drive reversals.

• Support: 1.3730–1.3760 / 1.3700

• Resistance: 1.3800–1.3835

• Bias: Neutral; bullish >1.3835, bearish <1.3730

COT ANALYSIS

AUD - WEAK (4/5)

GBP - WEAK (3/5)

CAD - WEAK (4/5)

EUR - STRONG (4/5)

JPY - STRONG (4/5)

CHF - WEAK (3/5)

USD - WEAK (4/5)

NZD - WEAK (4/5)

GOLD - STRONG (5/5)

SILVER - STRONG (5/5)