Gold might turn lower again

The bullish movement of gold prices faces bearish pressure after the release of U.S. NFP data. It seems the data show strong job data compared to previously expected weak number. Traders are pushing the stock market upward while gold prices turn lower. We might see the price stall near the current level too as tariff deadline looming.

Today’s critical levels to watch:

Support: $3,250, $3,200, $3,150

Resistance: $3,350, $3,400, $3,500

Silver trading upward

Silver prices formed a range between $35.25 – $37.265 and currently the price is moving upward. We expect silver prices to continue the bullish trend and climb toward $38.80 and $40.00. At the current time, whenever the price trading lower to test $35.25, traders could use it as chance to add more long positions.

Today’s Critical levels to watch:

Support: $35.25

Resistance: $38.34, $40.00

Crude oil stick near box area

Crude oil prices has bounced from the $65.00 level and might continue the bullish trend to test $70.00 also $77.13. At the current time, the price looks consolidating near the green box area and traders will wait for bullish confirmation. When the price could bounce upward again with strong momentum, then it will continue higher to test $70.00.

Today’s critical level to watch:

Support: $65.00, $60.00, $52.4

Resistance: $67.20, $70.00, $77.13