Technical analysis: key levels for gold and crude
Gold and oil have both dropped back to recent support, as commodities suffer from a stronger dollar.
Gold holding $1310
The gold price continues to hold the $1310 zone of support, raising the prospect of a move back towards $1326.
A close below $1310 raises the prospect of a test of $1310 and then the $1280 area.
WTI back to recent support
While the WTI price has been unable to hold on to the $55.00 area, it has dropped back into the zone of support around $53.70 that has held for the past four sessions.
If buyers step in here, then a move back towards $55.80 is in the offing.
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