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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 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 ensure that you fully understand the risks involved.

Technical analysis: key levels for gold and crude

Gold has slowed its decline, while the oil rally shows no sign of stopping. 

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Gold stuck around $1285

Having broken sharply lower earlier in the week, gold has found some support around $1285.

A move above $1297 is needed to restore an element of bullishness, while below $1285, $1267 comes into play.

WTI eases off recent high

A fresh high yesterday in the current trend continues to point towards the strength of the rally for WTI.

Dips towards $70.20 could well find further support, while further gains will target $73.25. 

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