The price of gold is moving near the levels 1310-1320. After a long consolidation, we can see a sharp move in either direction. In case of growth, the price can reach 1330 and 1350. Fall is limited by support levels at 1300 and 1290. We remain positive on gold in the medium term.
Nearest resistance levels: 1330, 1350
Nearest support levels: 1300, 1290, 1278, 1265, 1252, 1244, 1220, 1200
The price of Light sweet crude oil shows increased volatility on the background of a large number of fundamentally important news and events. Further growth of quotations is limited by the level of the nearest local maximum of about 107.00. The correction is possible to the level of 105.00, which the price tried to break through two times. We expect the price growth inside the rising channel in the medium term.
Nearest resistance levels: 107.00, 108.50, 110.00
Nearest support levels: 105.00, 104.00, 103.00, 102.00, 101.00, 100.00