Gold bearish correction to check $1,680
The worth of gold halt its upward motion and begin a bearish correction beneath $1,700. On the present time, gold costs are testing the $1,680 assist degree. We expect the value will proceed its upward motion subsequent week so long as it may preserve the positions inside $1,680 – $1,700.
At present essential ranges to look at:
Resistance: $1,700, $1,750, $1,780
Silver testing $15.00 assist degree
Just like the gold costs motion, silver skilled a bearish correction right now. The worth fall beneath $15.20 and at the moment testing the $15.00 assist degree. If the value may shut above $15.00 by the top of the week then we may anticipate a bounce subsequent week.
At present Vital ranges to look at:
Assist: $15.00, $14.40
Resistance: $15.20, $15.60, $16.00
Crude oil fall beneath $20.00
The bearish strain on crude oil costs will get stronger right now and the value makes a decrease low beneath $20.00. On the present time, the value may proceed underneath strain till subsequent month the place OPEC manufacturing minimize will happen.
Nevertheless, an in depth above $20.00 by the top of the week will lead the value increased subsequent week.
At present essential degree to look at:
— to fxdailyreport.com