Gold stick near the $1,800 level

We have bullish pressure on the gold prices at the end of the week. The price was moving away from the $1,800 handle. However, there is no higher high printed on the chart which means the precious metal will continue its consolidation for now.

If the bearish movement happens then traders could observe gold reaction near the $1,780.

Today critical levels to watch:

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

Resistance: $1,850

Silver targeting $20.00 handle

Silver set to continue its upward movement toward $20.00. The precious metal range of movement span between $18.50 – $20.00 now. If the price make bearish correction then traders could consider entering long positions near the $18.50 support level.

Today Critical levels to watch:

Support: $18.50, $18.00, $17.73

Resistance: $20.00

Crude oil continues sideway

Not much development in crude oil prices. The price continue trading sideways near the $38.50 – $40.00 area and expected stay sideway. At the current time, traders will continue to monitor from the sideline and waiting for the momentum movement formed.

Today critical level to watch:

Support: $40.00, $38.50

Resistance: $50.00