Gold more sideways movement

The sideways movement of gold prices is expected to continue as the price trading near the $1,800 handle. At the current time, gold prices range between $1,800 and the daily SMA 200. Tomorrow, there is the Fed interest-rate decision which should trigger volatility in the market.

Traders might want to wait until the price moves out of the range before entering major positions.

Today critical levels to watch:

Support: $1,800, $1,780, $1,700, $1,680

Resistance: $1,850, $1,900

Silver testing the $25.00

No major movement away from the $25.00 handle yet. Yesterday bullish movement ended near the opening level. Today, there is bearish pressure on the $25.00 handle but it seems the level will hold out. Similar to the gold movement, the silver price movement will need for news catalyst tomorrow from the Fed interest-rate decision.

Today Critical levels to watch:

Support: $25.00, $21.35, $20.00

Resistance: $26.00, $27.00, $29.00, $30.00, $31.50

Crude oil waiting for more bullish momentum

Crude oil prices tested the level near $70.00 yesterday and managed to bounce from it. The price closed near the opening level and currently trading not far from it. Crude oil prices need more bullish pressure to continue its upward movement to target the $77.13 resistance level.

Today critical level to watch:

Support: $70.00, $67.20, $65.00, $60.00

Resistance: $77.13