The price of gold continues to decline after breaking through the support level at 1120. A drop in prices may continue to the level of 1100, after which we with a high probability can see the correction. In case of a change in investor sentiment, the nearest target levels will be 1120 and 1130. Tomorrow is predicted increased activity of investors. We are waiting for new signals for the opening of positions.
Nearest resistance levels: 1120, 1150, 1165, 1195, 1205, 1215, 1230
Nearest support levels: 1100, 1080, 1060, 1050, 1100
The price of Light sweet crude oil was able to break through the resistance line and inclined in the near future may continue to rise to 47,00 and 48,00. The fall is limited by strong support level at 44.00, a break of which will be a signal for opening short positions with the targets at 42.00 and 38.00. Our medium-term outlook remains negative, but the current growth is likely to continue to 47.00.
Nearest resistance levels: 47.00, 48.00, 49.65, 50.00, 51.50, 52.00, 54.00
Nearest support levels: 44.00, 42.00, 40.00, 38.00