Gold is up 0.61% near 4097.9 while WTI (+3.5%) and Brent (+4.89%) rebound above their pivots after the prior slide. US equity futures stay heavy (ES −4.76%, NQ −6.87%) ahead of Tokyo's open at 04:00 Dubai time, and USD/JPY eases as the yen firms. Japanese foreign investment flows at 03:50 Dubai time are the main Asia data points.
Asia ·
Gold trades at 4097.9, up 0.61%, above the pivot 4027.47 and MA20 (4087), though still under MA50 (4241.89). RSI 48.9 is neutral. Investing.com links the climb to a subdued dollar after the Wall Street tech rout; front-month futures can distort around contract rolls.
What to watch: R1 at 4126.73 and today's high of 4155.8 overhead; MA20 at 4087 below. ATR of 86.88 points to wide swings.
Scenario: If gold holds above 4087, the next tests are 4126.73 then 4155.8; a slip under 4067 could reopen the pivot area near 4027.47.
R: 4126.73 / 4155.8 · P: 4027.47 · S: 4087 / 4067
Silver is at 51.83, down 0.56%, below the pivot 52.057 and far under MA20 (54.867). RSI 37.6 stays soft after yesterday's bounce faded.
What to watch: Whether price can reclaim the pivot 52.057; today's low of 51.615 is the near support, with ATR at 1.54.
Scenario: A break below 51.615 would leave room toward the round 51 level; back above 52.057, R1 at 52.183 is the first upside check.
R: 52.057 / 52.183 · P: 52.057 · S: 51.615 / 51
WTI rebounded 3.5% to 91.2, just above the pivot 90.8, but remains below MA20 (98.1) and MA50 (95.33). RSI 42.7 is still on the soft side of neutral. Front-month quotes can shift around contract rolls.
What to watch: Today's high of 91.28 and R1 at 94.47; the New York session low of 89 and today's low of 86.65 underneath.
Scenario: Holding above 90.8 keeps the bounce alive toward 94.47; a drop under 89 could revisit 86.65.
R: 91.28 / 94.47 · P: 90.8 · S: 89 / 86.65
Brent jumped 4.89% to 99.25, above the pivot 97.63, yet still under MA50 (104.05) and MA20 (108.79). RSI 40.7 has lifted from weaker readings but is not strong.
What to watch: R1 at 101.86 and MA50 at 104.05; the New York session low of 95.63 and today's low of 93.44.
Scenario: If 97.63 holds, the rebound may extend toward 101.86; losing 95.63 would put 93.44 back in play.
R: 101.86 / 104.05 · P: 97.63 · S: 95.63 / 93.44
The Nikkei 225 shows its last close at 61077.9 (−3.18%), below the pivot 61774.73 and well under MA20 (65295.57). RSI 37.9 is weak. The index has not opened yet, so these figures are the prior close until 04:00 Dubai time. US equity futures remain under pressure (ES −4.76%, NQ −6.87%).
What to watch: How Tokyo opens against the weak US futures backdrop and the softer yen; pivot 61774.73 is the first recovery marker.
Scenario: Above 61774.73 a bounce toward 62188.63 is possible; below 60444 the next area is 60030.1.
R: 61774.73 / 62188.63 · P: 61774.73 · S: 60444 / 60030.1
USD/JPY trades at 157.63 (−0.53%), under the pivot 158.18 and MA20 (157.906), with RSI 48.7 neutral. Investing.com notes yen demand as Wall Street sold off; the dollar index is little changed at 101.589.
What to watch: MA20 at 157.906 and the pivot 158.18 above; the New York session low of 157.533 below.
Scenario: A break under 157.533 would open 156.952; reclaiming 158.18 would ease the near-term soft bias.
R: 157.906 / 158.18 · P: 158.18 · S: 157.533 / 156.952
This post is general market commentary, not investment advice or a recommendation to buy or sell. It was prepared with automated tools from a data snapshot; prices may be delayed and levels can differ from your broker's quotes. Trading leveraged products carries a high risk of loss.
Invvex ·
