Gold price returns to highs while oil price breaks higher

Gold has surged to the $1740 highs of April, while oil prices have managed to push through recent highs.

Gold returns to key resistance

Gold has rallied back to $1740, the highs from mid-April.

Rising trendline support has assisted the price in its push higher, while pullbacks from the current levels may find support near $1715. A breakout above $1740 would provide a more bullish outlook.

WTI breaks through $28

The WTI price has pushed through $28.00 and looks to have further upside ahead. Rising support over the past two weeks has held back any further downside.

Fresh gains will head towards $31.00. A more bearish view requires a drop below $25.50.


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