Long Term Support & Resistance Levels – Gold & Crude Oil

Posted Thursday, April 13, 2017 by
Arslan Butt • 1 min read

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

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
The US banking sector is having more troubles than European banks, which should keep the FED dovish, and risk assets bullish
7 hours ago
0 0 vote
Article Rating
Notify of
Inline Feedbacks
View all comments