Learn how to use support and resistance levels when trading CFDs in Australia. Draw zones, spot false breaks and turn a level into a trade plan with fixed risk.
How to Use Support and Resistance Levels When Trading CFDs in Australia
Gold surges above US$4,000 on 4 November 2026 as Democrats win Congress. Explore XAU/USD forecasts, key resistance levels and gold CFD trading in Australia.
Gold Price Forecast: XAU/USD Reclaims $4,000 as Democrats Win Congress — Is $4,200 Next?

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Market News Today Australia: WTI Oil Plunges 9%, Gold Surges Above $4,000 as US Stocks Rally WTI oil plunges 9%, gold surges above US$4,000 and US stocks rally after the 2026 US midterms. Explore today's market news and key CFD trading levels. Copy
Author  Mitrade Team
1 hour ago
WTI oil plunges 9%, gold surges above US$4,000 and US stocks rally after the 2026 US midterms. Explore today's market news and key CFD trading levels. Copy
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S&P 500 Flashes a Signal Never Seen in 36 Years. What’s Next?The S&P 500 has just flashed a market signal never recorded in 36 years of data. It reveals something unusual happening beneath Wall Street’s biggest index.On November 2, the S&P 500 entered extreme o
Author  Beincrypto
2 hours ago
The S&P 500 has just flashed a market signal never recorded in 36 years of data. It reveals something unusual happening beneath Wall Street’s biggest index.On November 2, the S&P 500 entered extreme o
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Dow Jumps 1,500 Points on Democratic Win: Is Gridlock Priced In?The Dow Jones Industrial Average jumped about 1,500 points on Wednesday after Democrats won Congress. Investors are betting gridlock limits policy risk, but analysts warn it raises debt ceiling danger
Author  Beincrypto
2 hours ago
The Dow Jones Industrial Average jumped about 1,500 points on Wednesday after Democrats won Congress. Investors are betting gridlock limits policy risk, but analysts warn it raises debt ceiling danger
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SK Hynix Sheds Nearly 8% While Dow Jumps: What Is Seoul Pricing In?SK Hynix shares fell 7.74% to 1.288 million won on Thursday. Korean chip stocks sold off after US Democrats won control of Congress, reviving fears of tighter artificial intelligence (AI) rules.The Do
Author  Beincrypto
2 hours ago
SK Hynix shares fell 7.74% to 1.288 million won on Thursday. Korean chip stocks sold off after US Democrats won control of Congress, reviving fears of tighter artificial intelligence (AI) rules.The Do

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Trading Analysis

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Crypto

Ethereum

Intraday

Intraday: Pivot threshold in sight

Our preference

The upside prevails as long as 2,402 is support, with 2,479 and 2,498 as targets

3 mins ago

Bitcoin

Intraday

Intraday: Look for 81,653

Our preference

The upside prevails as long as 79,762 is support, with 81,653 and 82,147 as targets

3 mins ago

Silver

Intraday

Intraday: Expect 53.96

Our preference

As long as 51.78 is support, look for 54.47

1 hour ago

Gold

Intraday

Intraday: First target, continuation or consolidation?

Our preference

The upside prevails as long as 4,059 is support, with 4,160 and 4,180 as targets

1 hour ago

EUR/USD

Intraday

Intraday: First target, continuation or consolidation?

Our preference

The upside prevails as long as 1.1198 is support, with 1.1274 and 1.1286 as targets

1 hour ago

USD/JPY

Intraday

Intraday: Aim at 157.63

Our preference

The downside prevails as long as 158.32 is resistance, with 157.63 and 157.50 as targets

1 hour ago

GBP/USD

Intraday

Intraday: Watching for a Trigger Above Resistance

Our preference

The upside prevails as long as 1.3415 is support, with 1.3498 and 1.3515 as targets

1 hour ago

Ethereum

Intraday

Intraday: Expect 2,479

Our preference

The upside prevails as long as 2,402 is support, with 2,479 and 2,498 as targets

2 hours ago

Bitcoin

Intraday

Intraday: Towards 81,653

Our preference

The upside prevails as long as 79,762 is support, with 81,653 and 82,147 as targets

2 hours ago

WTI

Intraday

Intraday: the downside prevails.

Our preference

short positions below 97.00 with targets at 85.00 & 80.00 in extension.

2 hours ago
Data Source: Trading Central*
Data Source: Trading Central*

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