Gold bearish pressure before major news

Gold prices have been moving upward for a few days, but the upward movement might be halted today. There is the news announcement regarding tariff confirmation and job data. Will the price immediately continue the bullish movement to reach new record high? Alternatively, will it turn lower to target the $2,789 – $2,800 area?

Today’s critical levels to watch:

Support: $2,900, $2,800

Resistance: $2,981, $3,000

Silver bearish reaction

The price of silver continues the bullish movement and has reached the previously broken bullish channel. We have slight bearish reactions today after the price touch the bottom of channel. If the price continues moving lower, then the $31.50 level will become the support level to watch. On the upside, when the price form a new higher swing high, the bullish trend will continue toward $35.25.

Today’s Critical levels to watch:

Support: $30.00, $29.00

Resistance: $31.50, $32.50, $35.25

Crude oil reached $65.00

Crude oil prices continue the bearish movement, and we could say the price has reached the $65.00 support level. It shows slight bullish reactions which could bring the price upward to test $$67.20 and $70.00. If the price could not immediately climb above both levels, then we might see another bearish pressure to attempt to breakout below $65.00. A close below $65.00 will become a major bearish continuation confirmation.

Today’s critical level to watch:

Support: $67.20, $65.00

Resistance: $70.00, $77.13, $80.00, $83.85