Technical analysis: key levels for gold and crude

Both gold and oil are finding bullish momentum this morning.

Gold keeps on gaining

The gold price is edging above $1236, and a close above this level would spark a move towards $1260 previous key resistance.

Support is possible around $1218 and then $1213.

Brent holds on to its small gains

The bounce is holding for now, with the Brent price back to the highs of early Monday. From here, $63.00, $64.56 and then $66.86 are potential resistance.

Dips back to $60.62 may provide further buying opportunities, but a move back below $60.00 would suggest that the sellers are still in charge.

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