Pre-Christmas Trading Levels For Gold & WTI Crude Oil!
Last week, the market remained highly volatile due to the US interest rate hike, and we closed some nice profits on the Gold.
Arslan Butt•Monday, December 18, 2017•1 min read

Last week, the market remained highly volatile due to the US interest rate hike, and we closed some nice profits on the Gold. However, this week we may experience random behavior in the market as the thin trading volume will not help investors determine the one-sided trend.
Gold – XAU/USD – Trading Levels
Support Resistance
S1: 1,241 R1: 1,260
S2: 1,235 R2: 1,266
S3: 1,225 R3: 1,276
Key Trade Level: $1,251
WTI – Crude Oil – Trading Levels
Support Resistance
S1: 56.36 R1: 58.25
S2: 55.78 R2: 58.82
S3: 54.84 R3: 59.76
Key Trade Level: $57.30
We don’t have many fundamentals on the docket this week and the market is very likely to trade as per these trading levels. Good luck!
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ABOUT THE AUTHOR
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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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