Gold target $2,000

Gold prices are getting a breath of fresh air and are currently heading towards $2,000. However, the gains that occurred appear to have been erased and the price is now trading near the opening point. There is a possibility of the price moving sideways before further increases. Or there will still be a decline to the support point before the increase continues. Traders will take advantage of the bearish correction that occurs as an opportunity to add to long positions.

Today’s critical levels to watch:

Support: $1,950, $1,900, $1,850, $1,800

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

Silver testing $23.90

The rise in silver prices has reached the $23.90 mark and silver prices are currently limited near that point. A bearish reaction occurred but there was no strong decline. If the price turns out to move down from the current point then the $23.00 point will be a support point that traders can pay attention to. A close above $23.90 would confirm further upside towards $25.00 – $26.00.

Today’s Critical levels to watch:

Support: $23.00, $21.35, $20.00

Resistance: $23.90, $25.00, $26.00

Crude oil target $70.00

A decline towards the $70.00 mark seems inevitable. The price of crude oil has weakened and is likely to reach $70.00 in the near future. Currently, there is a bullish reaction in prices. If the price can rise and close above $77.13 by the end of the week then a further bearish situation can be avoided.

Today’s critical level to watch:

Support: $70.00

Resistance: $77.13, $80.00, $85.00, $90.00