Pre-Christmas Trading Levels For Gold & WTI Crude Oil!
Arslan Butt • 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
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
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!