The price of gold after a minor correction to 1180, continued its growth and was able to break through an important resistance level at 1200. Fixing above this level will be the basis for the continuing upward dynamics with the first targets at 1230 and 1244. Despite the current rise, the price drop is likely to continue in the medium term and we can also see a downward correction of the next few days.
Nearest resistance levels: 1230, 1244, 1252
Nearest levels of support: 1200, 1190, 1165, 1150, 1140, 1120, 1110, 1095, 1080, 1065
The price of Light sweet crude oil after some consolidation around the level of 30.00, continued to decline and in the near future is likely to reach a minimum at 28.00. Overcoming this level, which coincides with the local minimum will become the basis for further decline to 25.00 and 22.00. Our medium-term outlook remains negative, but we do not rule out short-term correction with the objectives of 30,00-31,00.
Nearest resistance levels: 30.00, 31.00, 33.00, 35.00, 36.00, 38.00, 40.00, 40.75, 42.00
Nearest support levels: 28.00, 25.00, 22.00, 20.00