Gold & WTI Crude Oil Trading Levels – NFP Figures In Focus!
We saw such an amazing bullish move in gold last night. Though it was technically expected and I discussed the $1325 target level of gold in my previous update, the latest fundamentals fueled demand for haven assets.
As per Japan, North Korea fired a missile early Tuesday near Pyongyang that flew over northern Japan. To cope with the fluctuations that came as a result, let me share the major support and resistance levels for gold and Crude Oil.
Gold – XAU/USD – Trading Levels
Support Resistance
S1: 1298 R1: 1324
S2: 1290 R2: 1331
S3: 1277 R3: 1344
Key Trade Level: $1311
WTI – Crude Oil – Trading Levels
Support Resistance
S1: 46.25 R1: 47.78
S2: 45.78 R2: 48.25
S3: 45.02 R3: 49.02
Key Trade Level: $47.02
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