Gold moving toward $1,900?

The gold price’s weakness was slightly reduced at the end of last week when the price made a bullish close. However, the price may weaken toward the $ 1,900 point this week. Traders will continue to watch developments and wait near the $1,900 mark for opportunities to enter long positions in the event of a bullish reaction.

Today’s critical levels to watch:

Support: $1,900, $1,850

Resistance: $1,950, $2,000, $2,069, $2,074

Silver may continue toward $21.35

After closing below $23.00, silver prices continued their slide toward $21.35. When the price reaches $21.35 and generates a strong bullish reaction, it is an opportunity for traders to enter long positions. A close above $23.90 would confirm a continuation of the bullish trend in silver.

Today’s Critical levels to watch:

Support: $21.35, $20.00

Resistance: $23.00, $23.90, $25.00, $26.00

Crude oil bounce from the trendline

The price of crude oil fell below $70.00 and managed to reach $67.20 in last week’s trading. This bearish move experienced a bounce reaction from $67.20 also the trendline and prices closed near the opening level. If the price can continue its advance above the $70.00 mark and then form a higher swing high then the bullish trend may continue.

Today’s critical level to watch:

Support: $70.00, $65.00

Resistance: $77.13, $80.00, $85.00