The price of gold after strong price movements for some time has stabilized around the level of 1330. In case of continued growth, quotes will reach the levels 1350 and 1365. We also do not exclude further growth till 1400. In case of the price decline, the closest targets will be 1300 and 1280. We expect saving of high the level of volatility and more likely in the near future is the continued growth.
Nearest resistance levels: 1330, 1350, 1365
Nearest levels of support: 1315, 1300, 1280, 1244, 1220, 1200, 1190, 1165, 1150
The price of Light sweet crude oil after another failed attempt to break through the support level at 47.00, rebounded upwards and may soon reach the levels of 48,50-49,00. In case of resumption of negative dynamics, the signal for the opening short position will be fixing of quotes below support at 47.00. Our outlook for oil remains negative for the coming weeks, but the current growth within the correction may continue today.
Nearest resistance levels: 48,50, 49,00, 50,60, 52,00, 54,00, 56,00, 58,60
Nearest support levels: 47,00, 46,50, 45,00, 43,00, 40,00, 37,30, 36,00, 35,00