Gold ranging near $1,900

The bullish trend of gold prices is expected to continue. However, the price is currently stuck near the $1,900 resistance level. We draw a yellow box area where traders could estimate the ranging movement. At the current time, traders will continue to hold long positions while waiting for a further bullish breakout to target $1,950 and $2,000.

Today critical levels to watch:

Support: $1,850, $1,800, $1,780

Resistance: $1,900, $2,000

Silver more upside near the trendline

Silver prices are currently supported by the trendline and looking to bounce from it. Today, the price is under pressure and retesting the trendline. We still think the price will continue its bullish movement and target the $30.00 also $31.50 resistance level.

Today Critical levels to watch:

Support: $27.00, $26.00, $25.00, $21.35, $20.00

Resistance: $29.00, $30.00, $31.50

Crude oil set to test $70.00

After the breakout from the yellow box area, crude oil prices continue its climb and soon will reach the $70.00 resistance level. The price might extend the bullish movement and target the $76.89 resistance level next. If a bearish correction happens then traders could use the $65.00 handle to enter long positions.

Today critical level to watch:

Support: $67.20, $65.00, $60.00

Resistance: $70.00