Gold looking to add gain before G20

The price of gold reversed upside and bounce from the level near $1,400. At the current time, it is getting near $1,430. Traders and investors are waiting for the result of trade talks between President Trump and China’s Xi Jinping. After the result announced we might have major movement in gold prices.

Today critical levels to watch:

Support: $1,400, $1,390, $1,380

Resistance: $1,430, $1,450, $1,500

Silver another close above $15.20

No breakdown below $15.20, but there is also no bounce from the support level. Traders and investors are in a “Wait and see” mode. Silver next direction will be determined by the trade talk meeting result.

Today Critical levels to watch:

Support: $15.20, $15.00, $14.80

Resistance: $15.60

Crude oil stick near $60.00

Similar to other instruments, crude oil stick near a major level while waiting for trade talk result. The situation continues bullish for now and it is possible for crude oil to climb further upside. At the current time, traders will continue to monitor the price reaction near $60.00.

Today critical level to watch:

Support: $57.60, $55.80, $55.00, $54.50

Resistance: $60.00