Since this week is a bit light from the fundamentals point of view, I got the weekly support and resistance levels to help you position technically.

Gold – XAU/USD – Trading Levels

Support              Resistance

S1: 1,278             R1: 1,291

S2: 1,270             R2: 1,296

S3: 1,257             R3: 1,309

Key Trade Level: $1,283

WTI – Crude Oil – Trading Levels

Support             Resistance            

S1: 49.05            R1: 51

S2: 48.40            R2: 51.55

S3: 47.39            R3: 52.61

Key Trade Level: $50         

Fellas, don't forget that we have Crude Oil inventories figures every week. This has a potential to shake the Crude Oil prices. Thus, we need to be cautious about these reports before taking any position in Oil. Check our FX Leaders Support and Resistance Strategy to make the best of these levels. Good luck and keep following up for more profitable forex trading signals.