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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

Technical analysis: key levels for gold and crude

A rally in the dollar has hit commodity prices, although the longer-term trends are intact. 

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Gold finds backing after stronger dollar

The sturdier dollar hit gold hard, but the price found support at $1313.

Below this, $1307 and then $1295 come into play. Any recovery would likely find resistance at $1326, and then on to $1337 and then $1346.

WTI attempts to retain level

WTI is fighting hard to hold $62.56.

If this holds, then a move back to $64.00 is possible, and then on to $66.58. A loss of $62.56 would target $60.74 and $59.02.

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