Gold stick near $1,800

Gold prices mostly sideways near the $1,800 resistance level. There is not much movement but the precious metal trend continues bullish. At the current time, it is better to wait for further development before adding more positions. Traders who have long positions could continue to hold the positions until there are major bearish reactions.

Today critical levels to watch:

Support: $1,800, $1780, $1,750

Resistance: $1,850

Silver launched further upside

Silver price continues its upward movement above the $18.50 level. We have bullish jump from the level and silver prices looks will target $20.00 resistance level soon. No change to the outlook yet, silver will trade between $18.50 – $20.00 for now and traders might want to avoid shorting under strong bullish pressure.

Today Critical levels to watch:

Support: $18.50, $18.00, $17.73

Resistance: $20.00

Crude oil ranging between $38.50 – $40.00

The ranging movement of crude oil between $38.50 – $40.00 expected to continue. However, the price looks slowly moving lower and there is no higher high printed in the latest swing high. If the bear could push the price down and form lower low then crude oil might start a new bearish trend.

Today critical level to watch:

Support: $38.50

Resistance: $40.00, $50.00