Oct. 2 – Seventh Trading Levels – Gold & WTI Crude Oil
FX Junkies were anxiously waiting for this week as the U.S. will be releasing Labor Market Reports. The NFP and unemployment rate are the most awaited events of the month. In addition to this, we have few other top-tier economic events coming out from the U.S. such as the ISM Manufacturing and Fed Chair Janet Yellen's speech. Let's take a look to at this week's support and resistance levels in order to position yourself against news.
Gold – XAU/USD – Trading Levels
Support Resistance
S1: 1,275 R1: 1,304
S2: 1,266 R2: 1,312
S3: 1,251 R3: 1,327
Key Trade Level: $1,289
WTI – Crude Oil – Trading Levels
Support Resistance
S1: 50.65 R1: 54.05
S2: 50.07 R2: 53.11
S3: 49.13 R3: 54.05
Key Trade Level: $51.59
Check our FX Leaders Support and Resistance strategy to make best of these levels. All the best and keep following up for more profitable forex trading signals.