**Gold Market Trend Analysis:** On November 25, gold's intraday performance showed a strong late-session rally with bullish momentum dominating. Prices rose 0.81%, though lacking substantial support, leaving the sustainability of a meaningful rebound uncertain. The precious metal has been consolidating within a narrow $4,000–$4,100 range, with daily closes hovering near the upper half of this band. Extended upper and lower shadows indicate indecision between bulls and bears. With a stronger dollar, volatile equities, pressured bond markets, and fluctuating cryptocurrencies, gold remains caught in conflicting crosscurrents.
**Technical Analysis for Gold:** Gold continued its range-bound movement on Monday, fluctuating between $4,130 and $4,000. Despite Friday’s swings, the close at $4,080 suggests consolidation near the upper range. On the daily chart, prices linger above the Bollinger Band midline, while the H4 timeframe shows a clear sideways pattern, indicating limited potential for sharp moves without external catalysts. Traders should monitor $4,130–$4,000 for breakout signals. Short-term support has shifted to $4,060 after Monday’s rebound—buying dips here with targets at $4,100 is advisable. A stronger push could extend gains toward $4,160–$4,180. However, caution is warranted against resistance-driven pullbacks.
**Trading Strategy for Gold:** Today’s approach favors buying on dips with secondary short positions on rebounds. Key resistance lies at $4,160–$4,180, while support holds at $4,110–$4,090.
**Crude Oil Market Trend Analysis:** Oil prices extended losses Monday as markets reassessed prospects for a Russia-Ukraine peace deal. A breakthrough could ease restrictions on Russian crude exports, exacerbating already elevated global supply. Brent’s January contract edged up to $62.51/bbl, while WTI dipped to $58.03/bbl. The decline follows the steepest weekly drop since early October, reflecting mounting supply concerns. The selloff stems from geopolitical developments, sanctions, and structural supply factors rather than pure oversupply. Sensitivity to peace talks, OPEC+ compliance, and Americas production shifts will dictate mid-term price direction.
**Technical Analysis for Crude Oil:** On the daily chart, oil shows minor consolidation with three consecutive bearish candles testing the $56 support. A MACD death cross below zero signals strengthening downside momentum. A breach of $56 would confirm a medium-term downtrend. The 1H chart reveals persistent weakness below moving averages, with $57.40 acting as a minor pivot. Expect further downside with resistance at $60.0–$61.0 and support at $57.5–$56.5.
**Trading Strategy for Crude Oil:** Today’s bias leans toward selling rallies, with secondary long positions on pullbacks. Monitor resistance at $60.0–$61.0 and support at $57.5–$56.5.