Gold closed above $1,900

The health situation of President Trump caused volatility in the market. At the end of previous week, the President admitted to Walter Reed hospital. But, the president immediately discharged on Monday. Gold prices climbed after the news and currently maintain the level above $1,900.

Under current volatility, gold prices might continue hovering near $1,900 and waiting for trigger to move.

Today critical levels to watch:

Support: $1,900, $1,850, $1,800, $1,780

Resistance: $1,950, $2,000

Silver looking to add gain toward $25.00 – $26.00

The bullish correction of silver prices continue yesterday. If there is no change to the situation then silver prices expected to reach $25.00 – $26.00 soon. When the price reaches the resistance area, traders will observe and consider short positions on major bearish reaction.

Today Critical levels to watch:

Support: $21.35, $20.00

Resistance: $25.00, $26.00

Crude oil return inside $38.50 – $40.00 area

The bull has not given up on crude oil yet. The price avoided further bearish movement and no lower low printed. Yesterday, crude oil stage a bullish move and managed to close the day inside the $38.50 – $40.00 area. If the price could continue add more bullish pressure then we might see crude oil start another bullish rally.

Today critical level to watch:

Support: $38.50, $33.00, $30.00

Resistance: $40.00, $49.00, $50.00