Gold stick near $1,953

Gold prices experienced bearish pressure and closed below $1.953 yesterday. Although bearish, at the moment the price looks to be moving up and sticking near the $1,953 point. If the gold price continues its slide then the $1,900 spot will be a downside target. In the long term, the price of gold is expected to continue its bullish movement and form new record highs.

Today’s critical levels to watch:

Support: $1,950, $1,900, $1,850

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

Silver might test the $23.00 – $23.90 area

Silver prices experienced a rejection from the point of $25.00 and closed not far from $23.90. A decline in the silver price is still possible with the $23.00 – $23.90 area as a downside target. Traders will watch for the reaction of the silver price in the area of ​​$23.00 – $23.90. If there is a bullish reaction, traders can enter long positions.

Today’s Critical levels to watch:

Support: $23.90, $23.00, $21.35, $20.00

Resistance: $25.00, $26.00

Crude oil extends bullish movement above $77.13

Crude oil prices have made a close above $77.13 and also the trendline. The trend of crude oil prices is bullish and traders will now use any decline in the price as an opportunity to enter long positions. The $77.13 point as well as the trendline is a place where traders can consider long positions.

Today’s critical level to watch:

Support: $70.00, $65.00

Resistance: $77.13, $80.00, $85.00