Gold continues near $1,953

The movement of the gold price is waiting for further confirmation. Prices continue to move near the $1,953 point and will await the release of the employment news later this week. In the long term, the trend is still bullish so when the price drops and reaches the support point, it is an opportunity for traders to enter long positions.

Today’s critical levels to watch:

Support: $1,950, $1,900, $1,850

Resistance: $2,000, $2,069, $2,074

Silver weakness toward the $23.00 – $23.90 area

The silver price has not been able to continue its upward movement and is currently under bearish pressure. The decline occurred and the price soon reached $23.90. Traders will now wait for a price reaction near that point and prepare to enter long positions in the event of a strong bullish reaction.

Today’s Critical levels to watch:

Support: $23.90, $23.00, $21.35, $20.00

Resistance: $25.00, $26.00

Crude oil retest $80.00?

Crude oil prices add to gains in yesterday’s trading above $80.00. However, the price is currently under bearish pressure and is likely to retest the $80.00 level again. Traders will wait for the price reaction near that point. If a bullish reaction occurs, traders may consider adding to long positions.

Today’s critical level to watch:

Support: $80.00, $77.13, $70.00, $65.00

Resistance: $85.00