Gold bearish pressure below $1,700

Gold is under pressure today after the previous day bearish close. The price currently trades below $1,700 support level and might reach $1,680 support level. Traders will observe the price reaction at the current time. If there is a major bullish reaction near $1,680 then traders could consider entering long positions.

Today critical levels to watch:

Support: $1,680

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

Silver rejection from $15.20

The price of silver rejected from the $15.20 resistance level and currently moves below the previous day low. The price also falls below $15.00 and might target $14.40 if it could close the daily trading session below $15.00. No confirmation yet at the current time. If the price could close above $15.00 then silver can retest $15.20 again.

Today Critical levels to watch:

Support: $14.40

Resistance: $15.00, $15.20, $15.60

Crude oil target $10.00

Crude oil price extends it’s bearish close and currently trading at $11.07. The price might continue lower and target the $10.00 handle. When the price reach $10.00 handle, traders could observe the price reaction. If there is a major bullish reaction then traders could enter long positions.

Today critical level to watch:

Support: $10.00, $0

Resistance: $20.00