Gold looking to add more gain

The price of gold managed to bounce from the $1,680 support level and closed above $1,700 by the end of the day. Today, the price looks will attempt to move further higher and continue its upward movement to target $1,780. We have higher high printed and a higher daily close is expected.

Today critical levels to watch:

Support: $1,700, $1,680

Resistance: $1,750, $1,780

Silver bounced above $15.00

Silver returned above $15.00 at the end of the previous trading day and currently moves higher above $15.20. If the price could continue to maintain its bullish pressure then it is possible the price could reach $15.60 and the $16.00 target. Traders could use $15.00 – $15.20 as the level to look for long positions.

Today Critical levels to watch:

Support: $15.20, $15.00, $14.40

Resistance: $15.60, $16.00

Crude oil start a bullish correction

Crude oil prices direction is full of uncertainties after the major drop in the price this week. However, at the current time, the price is making upward correction. Next month, OPEC production cut will take place and it might influence the oil price direction. We think the price has more room upward before further major news releases.

Today critical level to watch:

Support: $0

Resistance: $20.00