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Gold: Continuing to consolidate

At the current level, the price of gold has not shown a significant reaction yet. We are still waiting for the price to continue rising to test1780-1800USD region and200daySMA. If the price cannot close above the region and moving average, it may reverse the current direction and start moving downwards to test1680-1700The region of the US dollar.

Gold crude oil agent | Gold platform agent841 / author:hj888 / PostsID:1605097

    (Gold daily chart, source:FX168)

Key levels of focus today:

Support:1700、1680

Resistance:1780、1800、1850

Silver: Horizontal consolidation

The price of silver currently has no fluctuation momentum. Silver continues to exist23.00-23.90Horizontal trading below the US dollar. If it can be placed above the area, then it can continue to move upwards and aim at the target25.00-26.00US dollars. Downward direction,21.35The US dollar is a noteworthy support level.

Gold crude oil agent | Gold platform agent241 / author:hj888 / PostsID:1605097

    (Silver daily chart, source:FX168)

Key levels of focus today:

Support:21.35、20.00

Resistance:23.00、23.90、25.00、26.00

  crude oilThe upward trend is unstoppable

The upward trend of crude oil prices is approaching82.72US dollars. There is currently no significant bearish reaction, and prices are attempting to continue to rise. As long as there is no significant bearish reaction, it is best to avoid short selling.


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