The price of gold continues to consolidate near the level of 1310. The amplitude of price fluctuations declines and in the near future we can see a strong price movement. For continued growth the price needs to overcome the level of 1320. Fall is limited by the support at 1290. Our medium-term outlook remains positive.
Nearest resistance levels: 1320, 1330, 1340, 1350, 1365
Nearest support levels: 1310, 1300, 1290, 1278, 1265, 1252, 1244
The price of Light sweet crude oil after a long consolidation above 96.00, has broken through this level and began to decline sharply. After reaching the level of 94.00 there is the probability of a technical rebound of price to levels of 94.50 and 95.00. We expect continued downward movement of price in the medium term, with a target near 92.00.
Nearest resistance levels: 95.20, 96.00, 98.00, 100.00, 101.60, 103.00, 103.50
Nearest support levels: 94.00, 92.00