Gold looking to close the week near $1,430
Gold continuously limited below $1,430 resistance this week. All attempt to bring the price higher intercepted by the bear. At the current time, the precious metal trying to climb before the end of the week. It might settle near the resistance $1,430 by the end of the week.
Next week, gold might continue its consolidation near $1,430 until the Fed interest-rate decision.
Today critical levels to watch:
Support: $1,400, $1,390, $1,380
Resistance: $1,430, $1,450, $1,500
Silver return below $16.50
The upward movement of silver manages to print higher close above $16.50. But, in the previous trading day, the price fell and close below the level again. Today, there is an attempt to bring the price up but silver currently traded below its opening level. It seems the precious metal will continue to stick near $16.50 before the Fed interest-rate decision next week.
Today Critical levels to watch:
Support: $16.00, $15.60, $15.20
Resistance: $16.50, $16.80
Crude oil no break outside of $55.80 – $57.60
Crude oil extend its consolidation inside $55.80 – $57.60 range. There is no change to the outlook of the price movement which is moving inside the range. Traders could continuously monitor the price movement for now with a bearish bias.
Today critical level to watch:
Support: $55.80, $55.00, $54.50
Resistance: $57.60, $60.00, $65.00




