Markets enter the second half of the week with Gold and USOIL maintaining bullish structures, while EURUSD faces key resistance and Bitcoin remains under bearish pressure. Here are the key levels and potential scenarios to watch across metals, forex, crypto and energy.

METALS : XAUUSD ( GOLD )

Market Context: Gold remains bullish on the 1H structure, with price currently around 4,356.4, holding above the rising trendline and key support at 4,326.5. Key resistance is at 4,435.0.

Bearish Scenario: A rejection around 4,435.0 could trigger a pullback toward 4,326.5, followed by 4,304.6 and 4,289.2. A break below 4,326.5 could expose deeper support at 4,273.9 and 4,254.8.

Bullish Scenario: A clear breakout above 4,435.0, followed by a successful retest, could signal further bullish continuation toward the 4,480.0 area and higher.

Set Up:
Sell: 4,435.0 rejection zone
TP: 4,326.5 / 4,304.6 / 4,289.2
SL: Above 4,435.0 / confirmed breakout
Bullish alternative: Buy after a confirmed breakout and retest above 4,435.0, targeting 4,480.0+.

Apply Risk Management

FOREX : EURUSD

Market Context: EUR/USD remains bullish on the 1H structure, with price currently around 1.15828, holding above the rising trendline and approaching key resistance at 1.16252.

Bearish Scenario: A rejection around 1.16252 could trigger a pullback toward 1.15649, followed by 1.15551 and 1.15469. A deeper correction could extend toward 1.15386.

Bullish Scenario: A clear breakout above 1.16252 could signal further bullish continuation, opening the way toward the 1.16300+ area.

Set Up:
Sell: 1.16252 rejection zone
TP: 1.15649 / 1.15551 / 1.15469
SL: Above 1.16252 / confirmed breakout
Bullish alternative: Buy after a confirmed breakout and retest above 1.16252, targeting 1.16300+.

Apply Risk Management

CRYPTO : BTCUSD

Market Context: Bitcoin remains bearish on the 4H structure, with price currently around 64,325.8, trading below the descending trendline and key resistance at 64,787.3. Key support is around 64,201.7.

Bearish Scenario: A rejection around 64,787.3 could trigger a pullback toward 64,201.7, followed by 63,800.0 and 62,510.0. A break below 64,201.7 could accelerate the downside toward 62,510.0.

Bullish Scenario: A clear breakout above 64,787.3, followed by a successful retest, could signal bullish continuation toward 65,247.4, 65,570.4 and potentially 65,893.5.

Set Up:
Sell: 64,787.3 rejection zone
TP: 64,201.7 / 63,800.0 / 62,510.0
SL: Above 65,000.0 / confirmed breakout

Bullish alternative: Buy after a confirmed breakout and retest above 64,787.3, targeting 65,247.4 / 65,570.4 / 65,893.5.

Apply Risk Management

ENERGY : OIL

Market Context: USOIL remains bullish on the 1H structure, with price around 84.67, holding above the rising trendline and key support at 82.65. Key resistance is at 84.84.

Bearish Scenario: A rejection around 84.84 could trigger a pullback toward 82.65, followed by 80.93 and 79.72. A break below 82.65 could expose deeper support at 78.51.

Bullish Scenario: A clear breakout above 84.84, followed by a successful retest, could signal further bullish continuation toward 91.16.

Set Up:
Sell: 84.84 rejection zone
TP: 82.65 / 80.93 / 79.72
SL: Above 84.84 / confirmed breakout

Bullish alternative: Buy after a confirmed breakout and retest above 84.84, targeting 91.16.

Apply Risk Management

Midweek Market Outlook – 19 / August / 2026