Technical analysis: key levels for gold and crude
Gold has rallied further, while oil is pushing towards the top of its recent range.
Gold continues its move higher
The week has turned into a more positive one for gold, with the price moving solidly higher.
A push through $1300 has been followed up with further gains, targeting $1310. From here $1326 and $1345 come into view. Dips towards $1294 may continue to find buyers.
WTI heads back to $58
The WTI price continues to push to the top end of its range, and a break above $58.00 targets $59.40 and then $62.56.
A pullback towards $57.00 found support, and intraday pullbacks above this level should find buyers.
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