Gold retest on $1,280 support level

The support level $1,280 tested again today before a bounce happen. Gold continues its consolidation near the support level and showing no sign of a strong bounce. If the price stick near $1,280 for a long time then it is possible gold will lose the ground and corrected deeper below $1,280.

Today critical levels to watch:

Support: $1,280

Resistance: $1,300, $1,320, $1,325

Silver continue above $15.00

No breakout below $15.00 support in the previous day and it show the bull success of maintaining silver prices above the level. However, the bear lurks and using every moment to make the bearish attempt. At the current time, there is a bearish attempt which breaks $15.00. Will the bull manages to close the price above $15.00 again today?

Today Critical levels to watch:

Support: $15.00, $14.40

Resistance: $15.20, $15.60, $16.00

Crude oil continue ranging between $55.80 – $57.60

Yesterday, crude oil made another attempt on $55.80 support which results in a bounce. The bounce resulted in a pin bar pattern which followed through by the bull today. Currently, the price moving higher, headed to $57.60 resistance. Traders could prepare for short positions when the price hit $57.60 and form a bearish pattern.

Today critical level to watch:

Support: $55.80, $55.00, $54.50

Resistance: $57.60