On the topside, initial resistance is seen at the 100-period SMA at $4,655.41, followed by the 200-period SMA at $4,699.41 and the descending trend-line region around $4,751, with higher hurdles aligning at the horizontal barriers around $4,890 and $5,044. On the downside, the first support comes at the descending trend line at $4,479. The next notable support sits at the horizontal level of $4,351, ahead of $4,306 and then $4,099, where buyers may attempt to stabilize the metal after the latest breakdown.