Gold weekly bullish harami pattern

In the previous week, we mentioned about bullish harami pattern on the weekly chart and gold finally form the pattern. This week, the bull needs to close the price above the high of bullish harami pattern. Otherwise, the pattern could develop failed and the price break below $1,300.

Under the current situation, no trade position suggested yet.

Today critical level to watch:

Support: $1,300

Resistance: $1,320, $1,325, $1,337, $1,340

Silver stay calm below $16.80 – $17.00

Previous week rejection drive silvers down and closes as bearish candlestick on Friday. The price persists near the red trendline and aiming to jump above $16.80 – $17.00 resistance. Will we see a breakout this week or rejection and continuation of the bearish trend?

Today critical level to watch:

Support: $16.50, $16.00

Resistance: $16.80, $17.00, $17.50

Crude oil another long opportunity?

Crude oil drifter lower at the close of the previous week, but gained for the week. The price currently sits near $70.00 broken resistance and might provide an opportunity for a long position. Traders could place long position between top of the green box and $70.00 handle.

Today critical level to watch:

Support: $70.00, $65.78

Resistance: $72.49, $75.00