|

Gold Spot ($) Intraday: support around 1476.50

Gold Spot ($)

Intraday support around 1476.50.

XAUUSD

Stay on top of the markets with Swissquote’s News & Analysis


Pivot (invalidation): 1476.50

Our preference
Long positions above 1476.50 with targets at 1481.50 & 1484.00 in extension.

Alternative scenario
Below 1476.50 look for further downside with 1474.00 & 1471.50 as targets.

Comment
A support base at 1476.50 has formed and has allowed for a temporary stabilisation.

Silver Spot ($)

Bullish bias above 17.0000.

XAGUSD

Pivot (invalidation): 17.0000

Our preference
Long positions above 17.0000 with targets at 17.1200 & 17.1700 in extension.

Alternative scenario
Below 17.0000 look for further downside with 16.9300 & 16.8700 as targets.

Comment
The RSI is mixed to bullish.

Crude Oil (WTI)

Target 61.60.

Crude Oil

Pivot (invalidation): 60.70

Our preference
Long positions above 60.70 with targets at 61.40 & 61.60 in extension.

Alternative scenario
Below 60.70 look for further downside with 60.50 & 60.25 as targets.

Comment
The RSI calls for a new upleg.

Author

More from Swissquote Bank Research Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD gathers recovery momentum, trades near 1.1750

Following the correction seen in the second half of the previous week, EUR/USD gathers bullish momentum and trades in positive territory near 1.1750. The US Dollar (USD) struggles to attract buyers and supports the pair as investors await Tuesday's GDP data ahead of the Christmas holiday. 

GBP/USD knocks ten-week highs ahead of holiday slowdown

GBP/USD found room on the high side on Monday, kicking off a holiday-shortened trading week with a fresh spat of Greenback weakness, bolstering the Pound Sterling into its highest bids in ten weeks. Pound traders are largely brushing off the latest interest rate cut from the Bank of England as the UK’s central bank policy strategy leaves the water murky for rate-cut watchers.

Gold buying remains unabated; fresh all-time peak and counting

Gold builds on the previous day's blowout rally through the $4,400 mark and continues scaling new record highs through the Asian session on Tuesday. Bets for more interest rate cuts by the US Fed, renewed US Dollar selling bias, and rising geopolitical uncertainties turn out to be key factors driving flows towards the bullion. Traders now look to the delayed release of the revised US Q3 GDP print and US Durable Goods Orders for a fresh impetus.

ETHZilla sells over 24,000 ETH, community reacts to shift away from DAT strategy

Peter Thiel-backed ETHZilla announced it sold 24,291 ETH for ~$74.5 million to redeem outstanding senior secured convertible notes. "We plan to use all, or a significant portion, of the proceeds to fund the redemption," ETHZilla noted in a Monday X post.

Ten questions that matter going into 2026

2026 may be less about a neat “base case” and more about a regime shift—the market can reprice what matters most (growth, inflation, fiscal, geopolitics, concentration). The biggest trap is false comfort: the same trades can look defensive… right up until they become crowded.

XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.