Prices below are Friday 30 October closes, so weekend moves are not yet reflected before Tokyo opens at 04:00 Dubai time. Gold (-3.29%) and silver (-5.59%) ended the week under heavy selling, while WTI rose 2.08% and the Nasdaq 100 dropped 3.46%. China's RatingDog manufacturing PMI at 05:45 is the key data point for the session.
Asia ·
Gold closed at 3898.9, down 3.29%, below the pivot 3938.8 and far below MA20 (4115.04) and MA50 (4294.8). RSI 27.9 is oversold, and a Yahoo Finance headline notes gold's worst October since 2008.
What to watch: Friday's low of 3879.3 and S1 3839.4. Oversold readings can bring sharp rebounds.
Scenario: If 3839.4 gives way, the next support is 3779.9; a recovery above 3938.8 would ease the pressure toward 3998.3.
R: 3998.3 / 4097.7 · P: 3938.8 · S: 3839.4 / 3779.9
Silver fell 5.59% to 49.276, below the pivot 50.162 and well under MA20 (56.713). RSI 22.6 is deeply oversold.
What to watch: Whether the round 50 level can be reclaimed, and Friday's low of 48.895.
Scenario: Below 48.009 the slide could extend to 46.742; holding above 50.162 would open room toward 51.429.
R: 51.429 / 53.582 · P: 50.162 · S: 48.009 / 46.742
WTI rose 2.08% to 104.12, just above the pivot 103.85 and well above MA20 (97.44). RSI 61.6 is firm but not stretched.
What to watch: Friday's high of 104.99 and R1 105.26. Front-month quotes can be distorted around contract rolls.
Scenario: Holding above 103.85 keeps the upside bias toward 105.26 and 106.41; a drop below 102.7 would weaken it.
R: 105.26 / 106.41 · P: 103.85 · S: 102.7 / 101.29
Brent slipped 1.26% to 113.43 but stays above the pivot 112.92 and MA20 (108.73), with RSI 62.1. Its move diverged from WTI on Friday.
What to watch: Friday's high of 114.29 and R1 114.8 above, and S1 111.56 below.
Scenario: A break above 114.8 would favour 116.16; a close below 111.56 would shift the bias lower toward 109.68.
R: 114.8 / 116.16 · P: 112.92 · S: 111.56 / 109.68
The Nikkei 225 closed at 63290.11, down 2.12%, below the pivot 63530.19 and MA20 (65944.86). RSI 41.8 shows soft momentum. The index opens at 04:00 Dubai time.
What to watch: How Tokyo digests the US tech sell-off at the open, and China's PMI at 05:45.
Scenario: Below 62471.34 the next support is 61652.57; a move back above 63530.19 would target 64348.96.
R: 64348.96 / 65407.81 · P: 63530.19 · S: 62471.34 / 61652.57
The Nasdaq 100 fell 3.46% to 28384.85, below MA20 (29933.09) and MA50 (29796.3), with RSI 34.9. Cash US indices are closed; Nasdaq futures in the snapshot also show Friday's close of 28534, so the weekend gap is not visible yet.
What to watch: Futures reaction in Asian hours. Headlines point to catalysts that could extend the Nasdaq sell-off this week.
Scenario: Below 28080.91 risk extends toward 27776.97; reclaiming 28397.18 would point to 28701.12.
R: 28701.12 / 29017.39 · P: 28397.18 · S: 28080.91 / 27776.97
This analysis is general market commentary for information only. It is not investment advice or a recommendation to buy or sell any instrument. Trading leveraged products such as forex and CFDs carries a high risk of losing money. Prepared with automated tools from a market data snapshot (Yahoo Finance prices, economic calendar, public news headlines); prices may be delayed.
Invvex ·
