Gold jumped but has trouble at $1,337

Gold started another attempt to break higher today. It managed to cross above $1,337 handle since the breakdown last week. However, it looked like the bear still in control and shunned away gold bull from the level. If the condition continues, gold might close near the opening level and cancel today bullish sentiment.

Today critical level to watch:

Support:  $1,325

Resistance: $1,337, $1,340, $1,360

Silver stay inside triangle consolidation

Silver prices stick inside the triangle today after the bull could not close above $16.50. Initially, the bull brings the price higher, but it is rejected from the top of the triangle. There is nothing to expect yet, a breakout could happen, but we do not know which direction the breakout will move to.

Today critical level to watch:

Support: $16.50, $16.00

Resistance: $16.80, $17.00

Crude oil watch retest of $62.80

Crude oil prices closed above $62.80 handle in the previous week and suggested further upside. The price currently experiences correction and almost reach the breakout point. Traders could look for long position when retest happen. Stop order could be placed below $60.76.

Today critical level to watch:

Support: $62.80, $62.50, $60.00

Resistance: $$65.00, $65.78