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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

Both gold and oil have found their path higher blocked by strong resistance.

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Gold still unable to break $1190

Gold has rallied from the lows around $1183, but as we saw yesterday it is so far unable to break above $1190.

If the bears can push it below $1180, then a deeper move towards $1160 is possible.

WTI stuck below $75

Moves above $75.00 for WTI have been hard to sustain over the past week, with this level acting as a barrier to further gains for the time being.

Near-term support levels come in at $74.08 and then $72.88. Above $75.00, $77.30 comes into play.

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