Markets at Critical Resistance: Silver, DAX, NASDAQ, and Gold Analysis

Silver (XAG/USD) Analysis

Silver Nears $35 – Breakout or Rejection?

Silver approaches key resistance at $34.50-$35.00. A breakout could push it to $37-$38, while failure may lead to a pullback toward $32-$31.

Silver (XAG/USD) is approaching a major resistance zone between $34.50 and $35.00, an area that has previously acted as a strong supply level. If silver breaks above this zone, bullish momentum could drive prices toward the next target at $37.00-$38.00. However, failure to clear resistance may lead to a pullback toward $32.00-$31.00, aligning with the ascending trendline support. Traders should watch for breakout confirmation or signs of rejection at this critical price level.

DAX Futures Analysis

DAX Tests 23,479 – Breakout or Rejection?

DAX approaches key resistance at 23,479. A breakout could push it to new highs, while failure may lead to a pullback toward 22,800 or 22,200.

DAX Futures are testing a critical resistance level at 23,479, which has previously acted as a major barrier. A breakout above this zone could trigger a continuation toward fresh highs, signaling further bullish momentum. However, if the price fails to clear 23,479, a pullback toward 22,800 or even 22,200 support may follow, aligning with recent market structure. Traders are closely watching for a confirmation signal to determine the next directional move.

NASDAQ 100 Futures Analysis

NASDAQ Eyes 20,100 – Can Bulls Push Higher?

NASDAQ recovers but faces resistance at 20,100. A breakout could target 20,679, while rejection may lead to a drop toward 19,500 or 18,900.

NASDAQ is attempting a recovery, but resistance at 20,100 is limiting further upside. A breakout above this level could extend gains toward the next major target at 20,679. However, if momentum weakens, a pullback toward support at 19,500 or 18,900 may be on the horizon. Traders are closely watching for confirmation signals to determine the index’s next move.

Gold (XAU/USD) Analysis

Gold Breaks Higher – Can It Reach $3,070?

Gold surges past $3,035, maintaining bullish momentum. A move toward $3,050-$3,070 is likely, while a pullback may test support at $3,000 or $2,960.

Gold (XAU/USD) has decisively broken out of its previous range, signaling continued bullish strength as it trades above $3,035. The next major resistance zone lies at $3,050-$3,070, where profit-taking could emerge. However, if a retracement occurs, key support levels at $3,000 and $2,960 may provide stability. The bullish momentum remains intact, with traders watching for confirmation of a sustained rally.

Silver and DAX are approaching strong resistance zones, while Gold continues its bullish momentum. NASDAQ is in a recovery phase but needs to break key levels for confirmation. Traders should watch for breakouts or potential reversals at these critical points.