On October 1, 2026, global markets held steady, without significant economic events impacting the markets. In precious metals, gold (XAU/USD) closed at 4154.52 USD, with support at 4151.95 and resistance at 4156.74, and an ATR of 3.49, indicating a wide range movement. Regarding energy, WTI oil closed at 88.958 USD, supported by 88.9 and resistance at 89.204, with an ATR of 0.152, indicating relatively smooth price movements over the short term.
From a technical perspective, the markets lack a clear directional breakout, requiring traders to keep a close eye on key support and resistance levels to manage risks effectively. Traders are advised to use technical analysis tools to identify entry and exit points.
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