The price of gold has shown growth after was unable to continue the growth after overcoming the level of 1060. At the moment, quotations approached the inclined line of resistance and its overcoming will become the basis for further growth of price to the level of 1080. In case of renewal of the negative dynamics quotations will continue to decrease to 1050. Our medium-term outlook remains negative.
Nearest resistance levels: 1080, 1090, 1100, 1120, 1140, 1150, 1165, 1190, 1205
Nearest support levels: 1065, 1050, 1040, 1000, 960
The price of Light sweet crude oil has shown strong growth and approached the level of 39.00, but could not overcome it and started to correct downwards. In the near future growth is limited by the level of 40.00. A more likely scenario according to our forecasts is a continued negative dynamics of price to the levels 37.00 and 36.00. Our medium-term outlook remains negative.
Nearest resistance levels: 38.00, 40.00, 40.75, 42.00, 43.65, 44.00, 46.00, 47.00, 48.00
Nearest support levels: 36.00, 35.00, 32.00, 30.00