The price of gold is corrected downward within the limits of the local rising channel, and after reaching the lower boundary can rebound upwards and return to resistance 1190. The growth of price in the near future is possible to the levels of 1190 and 1215. Within the reduction the price may fall to the level 1165 and 1150. We expect continued upside in the near future.
Nearest resistance levels: 1195, 1205, 1215, 1230
Nearest support levels: 1165, 1150, 1140, 1120, 1100, 1080, 1060, 1050, 1100
The price of Light sweet crude oil after a confident reduction of previous days corrected upwards to the level of 48.00 and resumed the negative dynamics. In the near future quotations may continue to decline, and in case of breaking the mark 47.00, we expect a continuation of the negative dynamics of the price to 44.00. Our medium-term outlook remains negative and we recommend holding short positions.
Nearest resistance levels:: 48.00, 49.65, 50.00, 51.50, 52.00, 54.00
Nearest support levels: 47.00, 44.00, 42.00, 40.00, 38.00