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Long Term Support & Resistance Levels – Gold & Crude Oil
We are approaching Easter and investors are feeling hesitant about entering into the less volatile markets. Consequently, commodities are consolidating into a narrow range. Let's have a look at the major trading levels for the Gold and Black Gold (the Crude Oil).
Gold – XAUUSD – Trading Levels
Support Resistance
S1: 1273.82 R1: 1289.68
S2: 1257.96 R2: 1299.47
S3: 1248.17 R3: 1315.33
S4: 1232.31 R4: 1337.44
WTI – Crude Oil – Trading Levels
Support Resistance
S1: 51.68 R1: 52.84
S2: 50.51 R2: 53.56
S3: 49.79 R3: 54.73
S4: 48.63 R4: 55.44
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