Global financial markets on 29 January 2026 show a cooldown in FX volatility, while gold continues to trade near elevated levels and remains the primary destination for defensive capital flows. Investors are largely in a wait-and-see mode following a series of volatile sessions earlier in the week.

Oil is sitting right on its immediate support at $58.30–58.50. If this area cracks, price may slide toward the deeper floor at $55. Upside, first resistance sits at $59.20–59.60, but the real breakout zone is $60–60.50. A strong push above this could open the path toward $62.50–63.00. Market is comp