Gold pass resistance test or rejected?

Gold correction happens after the price hit a level around $1,160. Currently, the precious metal hovering near $1,200 attempting to maintain its upward momentum. As long as gold could stay above $1,200, there is a chance it could surpass $1,220 and start a new bullish leg.

Today critical level to watch:

Support: $1,200, $1,160

Resistance: $1,210, $1,220

Silver price new range between $14.40 – $15.00

No hope yet for the bull as silver stumble below $15.00 and currently moving inside $14.40 – $15.00 area. We expect the precious metal bouncing up and down between $14.40 – $15.00 until breakout happens.

Today critical level to watch:

Support: $14.40

Resistance: $15.00

Crude oil testing $70.00

Crude oil made a bounce after it moves below the red trendline. The upward movement brought it to $70.00 major level. Will we see breakout or rejection from the level? traders could prepare for positions while watching the reaction from the resistance level.

Today critical level to watch:

Support: $67.20, $65.78, $65.00

Resistance: $70.00, $72.50