Consolidation Near Breakouts Amid Mixed Momentum

XAGUSD – Silver Holds Above Breakout With Bullish Structure

Silver continues to consolidate above the major breakout zone of 33.75–34.00, indicating sustained bullish control after breaching a long-standing resistance. The price is forming a tight range around 34.42, suggesting a potential accumulation phase. The support levels of 33.75 and 33.63 may act as a cushion on any retracement. RSI hovers just above 60, reflecting neutral to slightly bullish momentum, though a break above 70 would confirm renewed strength. If price sustains above 34.00, a move toward 35.00 remains probable.

XAUUSD – Gold Eyes Key Zone Within Bullish Price Setup

Gold is testing the resistance zone around 3,357–3,365 again, facing supply pressure near recent highs. The market appears to be forming a potential double-top or flag structure depending on the breakout direction. Key support levels to monitor include 3,342 and 3,316. RSI is at 55.86, hinting at a cooling-off period post prior bullish run. If bulls fail to clear 3,365, price may revisit the 3,316–3,342 demand region for a possible bullish continuation.

GBPUSD – GBPUSD Maintains Bullish Structure Above Support

GBPUSD remains in a strong uptrend structure, with price holding firm above the 1.3540 level following a steady rally from mid-May. The range between 1.3450–1.3540 now acts as immediate support, while 1.36 remains as a near-term resistance. The RSI remains slightly above 55, indicating moderate bullish momentum with no signs of exhaustion yet. Price action above 1.36 would likely trigger further gains toward 1.3700.

EURUSD – EURUSD Builds Higher Lows in Bullish Trend

EURUSD is consolidating just below the key resistance at 1.1473 after a steady climb from the 1.1260 support zone. Price action reflects healthy bullish structure, with higher lows forming and price sustained within the cloud’s bullish territory. RSI at 54.81 suggests balanced momentum with room to push higher. A clean break and close above 1.1473 could initiate a run toward 1.1550, while 1.1340 and 1.1260 remain important supports in case of a pullback. A sustained break above 1.1473 would further confirm the bullish price structure currently seen across multiple asset classes.