Gold testing the $1,900 resistance level

We have a bullish continuation in gold prices. The price managed to reach the level near $1,900 yesterday. There is no bullish continuation today. The price is waiting for further bullish pressure to breakout above $1,900. If the price could close above $1,900 then traders will prepare for the continuation of the bullish trend toward $1,950 and $2,000.

Today critical levels to watch:

Support: $1,850, $1,800, $1,780

Resistance: $1,900, $2,000

Silver closed inside $25.00 – $26.00 area

Silver price extended its bullish movement and closed at $26.00 yesterday. The price is expected to extend the bullish movement and set the long-term trend into bullish. At the current time, the price is testing the $26.00 resistance level. If a bearish correction happens then traders will observe the price reaction near $25.00 for possible long positions.

Today Critical levels to watch:

Support: $25.00, $21.35, $20.00

Resistance: $26.00

Crude oil soon will reach $49.00 – $50.00

More bullish close printed on crude oil daily chart. The price is sailing upward smoothly and soon will reach the $49.00 – $50.00 resistance area. There is no change to the outlook yet, traders will let the price to continue its upward movement for now.

Today critical level to watch:

Support: $45.00, $40.00, $38.50

Resistance: $49.00, $50.00