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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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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