September 8, 2016

GOLD support and resistance levels

  • Gold weakness taking price towards 1335 Levels. gold bulls unable to move past 1360 resistance zone.
  • Bigger weakness only if 1335 level is not held.

Crude oil chart update

  • Crude oil 4 Hour chart shows price testing previous resistance zone and 100 Period SMA. Staying above 46.60 may lead to a bigger up move. Unable to close above this level may trigger another fall towards 43 levels.