Gold closed inside $1,680 – $1,700

The movement of gold prices continues to point to the upside as the price managed to close the previous trading day on the positive side. The price closed inside $1,680 – $1,700 range and expected to continue its consolidation inside the range. We expect a further bullish continuation in the gold prices.

Today critical levels to watch:

Support: $1,680

Resistance: $1,700, $1,750, $1,780

Silver closed above $15.20

The upward movement of silver managed to close above $15.20. It seems the price will continue its upward movement and test $15.60 before it could target $16.00. At the current time, not much movement yet from the opening level. Traders will monitor the price reaction at the current level.

Today Critical levels to watch:

Support: $15.20, $15.00, $14.40

Resistance: $15.60, $16.00

Crude oil historic low

Crude oil prices tumbled below 0 levels and currently, the contract is untradeable. It is the first time in history which means there is oversupply and the seller will pay the price to the buyer to accept the oil. At the current time, the crude oil contract is untradeable and we will cover another instrument tomorrow.

Today critical level to watch:

Support:

Resistance: