September 11th – 17th Trading Levels – Gold & WTI Crude Oil

In the financial markets, the commodities are exhibiting highly unpredictable behavior over ongoing geopolitical problems between North Kor


In the financial markets, the commodities are exhibiting highly unpredictable behavior over ongoing geopolitical problems between North Korea and the U.S. The Gold and Oil has reacted aggressively, but most of the fluctuation remained at our trading levels. Here are the trading levels for this week.

 

Gold – XAU/USD – Trading Levels

Support            Resistance

S1: 1331            R1: 1355

S2: 1324            R2: 1362

S3: 1312            R3: 1374

Key Trade Level: $1343.45

 

WTI – Crude Oil – Trading Levels

Support             Resistance            

S1: 47.16            R1: 48.88

S2: 46.63            R2: 49.41

S3: 45.77            R3: 50.27

Key Trade Level: $48.02         

For newbies, check our FX Leaders Support and Resistance Trading Strategy. All the best and keep following up for more profitable forex trading signals.

 
ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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