Gold extend bullish gain

The increase in gold prices continues with the formation of a new record high point. There are no strong bearish indications and price strengthening appears to be continuing. Traders will only wait for a bearish correction to have the opportunity to enter a long position. As long as the price continues to form higher highs and lower lows, traders should not plan to enter a short position.

Today’s critical levels to watch:

Support: $2,143, $2,074, $2,069, $2,000

Resistance:

Silver has more bullish pressure

Silver prices continued to add gains above the $26.00 mark without any significant bearish correction. As previously written, strengthening will continue and the $30.00 and $31.50 points will be the targets for increases. If the price moves down then the $26.00 point and the trendline will be support points that traders can pay attention to.

Today’s Critical levels to watch:

Support: $26.00, $25.00, $23.90, $23.00

Resistance: $30.00, $31.50

Crude oil bearish correction?

Crude oil prices appear to be experiencing selling pressure today but are still limited within yesterday’s movement range. If the decline continues then traders can wait near the previous swing high for a bullish reaction. When a bullish reaction occurs, traders can enter long positions. However, if the decline continues and the price is pushed below $80.00 then there is a possibility that the trend direction may change.

Today’s critical level to watch:

Support: $85.00, $80.00

Resistance: $90.00