Gold moving upward

The sideway condition of the gold price continues between $1,900 – $1,953. Currently, there is bullish pressure, and the price will try to move up toward $1,953. Traders will continue to take advantage of the situation to accumulate long positions. If the decline still occurs then the daily SMA 200 point is a support level that can be watched.

Today’s critical levels to watch:

Support: $1,900, $1,850

Resistance: $1,950, $2,000, $2,069, $2,074

Silver has more sideway movement near $23.00

There hasn’t been a strong reaction at $23.00 in silver prices. The movement of the price is still flat near that point and waiting for further developments. If the downward movement can continue then the $21.35 point is a downside target to watch for long positions.

Today’s Critical levels to watch:

Support: $21.35, $20.00

Resistance: $23.00, $23.90, $25.00, $26.00

Crude oil building bullish pressure

The price of crude oil is moving up toward the upper trendline. The condition is bullish and trade between the blue and red trendlines. Traders will now continue to maintain long positions and wait for a bearish correction to the support point for opportunities to enter long positions.

Today’s critical level to watch:

Support: $70.00, $65.00

Resistance: $77.13, $80.00, $85.00