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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

Technical analysis: key levels for gold and crude

The rally continues for gold, while oil is looking at challenging its 2018 high. 

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Gold rally goes on

Gold continues to gain, looking towards resistance at $1346 and then on to $1358.

Potential support lies at $1337 and then $1326, but so far it looks like intraday dips will continue to be bought.

WTI nears January high

WTI shot higher yesterday, and now it is poised to test the $66.58 high from January.

Above here, the next big level is $73.25. It would take a move below the $62.00 level to suggest a turnaround is at hand, so for now the initiative continues to sit with the buyers.

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