Gold pulled back at the start of the week as geopolitical tensions eased and the focus shifted to US economic data and earnings reports. The yellow metal defied gravity in recent weeks, clinging to gains despite rising yields and a strengthening dollar. Technically, gold remains overbought, but a breakdown in support levels could signal a potential trend reversal.
Ripple XRP price is consolidating losses above the $0.500 support. The price could extend losses if it fails to recover above the $0.530 resistance zone.
Oil rose on Friday, set for a weekly gain, as data this week from the U.S. and China, the world's two largest crude users, pointed to higher demand and continuing uncertainty over the Gaza war supported prices.
Ethereum price is extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels.
Polkadot (DOT) is correcting gains from the $7.5 resistance against the US Dollar. The price could start another increase if it stays above the $6.75 support.