The price of gold corrected downward after reaching the level of 1110. In the near future may continue to decline to 1090 and the inclined line of support. Its break through will cause further decline to 1065 and 1050. On the other hand, overcoming the level of 1110 will be the reason for the continued growth up to 1140-1150. We are waiting for the signal to open new positions and forecast decline in the medium term.
Nearest resistance levels: 1110, 1120, 1140, 1150, 1165, 1190, 1205
Nearest support levels: 1080, 1065, 1050, 1040, 1000, 960
The price of Light sweet crude oil after some consolidation above 28.00, start to correct upwards and reached the resistance at 31.00. Overcoming this level will be the basis for the continuing upward dynamics to 33.00 and 35.00. At the moment, there is a possibility of correction after a strong decline. Current growth according with our expectations may continue in the near future, but the medium-term negative view on the price remains unchanged.
Nearest resistance levels: 31.00, 33.00, 35.00, 36.00, 38.00, 40.00, 40.75, 42.00, 43.65
Nearest support levels: 30.00, 28.00, 25.00, 22.00, 20.00