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Market outlook today: Gold and Bitcoin lead as key breakout levels come into focus

The article is a broad market technical outlook emphasizing that gold and Bitcoin are leading bullish setups, while US equity indices are recovering but still face important resistance. Gold’s breakout is considered constructive as long as it holds the 4,040-4,045 zone, and Bitcoin remains bullish above 64,000 after defending support near 57,000. Ethereum has cleared a key resistance area, with 2,150 cited as the next upside target. The S&P 500 futures need acceptance above 7,550 to extend gains, while the Dow needs 52,150 for stronger confirmation. Crude oil is testing resistance near 90 and Brent near 95, and cocoa is presented as the clearest bearish outlier after rejecting resistance and risking a move toward 5,000.

Category

Gold

Sentiment

Mixed

Event

Technical analysis

Reading time

1 min