Published: 15 January 2026,05:24
Daily Market Analysis New
Key Takeaways:
*Escalating unrest in Iran continues to drive safe-haven demand for gold.
*Crude oil markets remain sensitive to potential supply disruptions amid geopolitical uncertainty.
*Statements from the U.S. and Iran add to investor caution, prompting risk-off sentiment.
* Market retracements suggest cautious positioning despite heightened geopolitical risks.
Tensions in Iran remain a key market driver, particularly for gold and crude oil, as unrest threatens both investor sentiment and global commodity supply. Over the past month, reports indicate at least 2,400 demonstrators have been killed amid Tehran’s crackdown, which began amid allegations of government corruption, soaring inflation, and internet shutdowns. These developments have created a highly charged environment, prompting risk-off flows toward traditional safe havens such as gold.
The situation escalated when U.S. President Donald Trump threatened military action to address the unrest. While Iran responded with warnings of retaliation, the heightened geopolitical risk initially spurred spikes in both gold and crude oil prices, as investors sought protection against potential disruptions to supply and market stability. Past warnings of tariffs targeting countries trading with Iran further amplified market uncertainty.
However, recent market action has seen a partial retracement in both commodities, particularly in crude oil. President Trump indicated that reports of ongoing executions in Iran had ceased, suggesting a potential de-escalation. While the U.S. has not ruled out future intervention, Trump stated that Washington would “watch and see,” signaling a more cautious approach.
Looking ahead, Iran-related developments remain a critical catalyst for commodity markets. Traders and investors are advised to monitor news flow closely, as any escalation or resolution could significantly impact gold demand and crude oil supply, creating further trading opportunities and volatility in early 2026.
Technical Analysis
Gold is retreating from the 4635.00 resistance as bearish divergence suggests that upside momentum is fading, prompting near-term profit-taking. The market’s attention now shifts to the Fibonacci support at 4545.00, which could act as a key demand zone and help preserve the broader bullish structure.
A sustained hold above this level would indicate that the uptrend remains intact, while a failure to maintain support could open the door for further downside. Conversely, if bearish pressure eases, gold could rebound toward 4635.00, retesting the previous resistance.
Traders should closely monitor momentum indicators such as MACD and RSI for signs of potential reversals or continuation to guide short-term positioning.
Resistance Levels: 4635.00, 4695.00
Support Levels: 4545.00, 4495.00
Crude oil has slipped below the 60.60 support, signaling a continuation of bearish pressure. Momentum indicators reinforce the downside outlook, with the MACD showing accelerating bearish momentum and RSI holding at 41 below the midline.
If selling pressure persists, prices are likely to test the next support at 58.70, which will be a key level to watch for potential consolidation or a bounce. A short-term recovery is possible only if momentum indicators start to show signs of divergence or RSI moves above 50, suggesting a temporary shift in market sentiment.
Traders should remain cautious and monitor price action closely around these levels before entering new positions.
Resistance Levels: 60.60, 62.55
Support Levels: 58.70, 56.85
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!
