Gold closed near $1,500

The precious metal closed the previous trading day near $1,500 and provide no clue before FOMC meeting today. Today announcement should trigger trending movement in gold and traders will wait until the direction settled before placing positions.

Today critical levels to watch:

Support: $1,480, $1,450, $1,430

Resistance: $1,500, $1,550

Silver more bullish attempt

Silver closed above $17.73 and continue its bullish movement yesterday. Despite the bullish pressure, the price has not climbed above Friday high which means it is in a neutral state. We will wait until today FOMC meeting announcement to get a momentum movement in Silver.

Today Critical levels to watch:

Support: $17.73, $17.00, $16.80

Resistance: $18.00, $18.50

Crude oil slip below $60.00

Initially, the price jumped and closed above $60.00 handle on Monday trading session. But, the price slipped and closed below the level yesterday. It seems the bullish trend is not secured by the bull yet. At the current time, crude oil might try to close above $60.00 again to continue its bullish pressure.

Today critical level to watch:

Support: $57.60

Resistance: $60.00, $65.00