Gold, Silver And WTI Crude Daily Forecast – Investing.com

  • Date: 19-May-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Middle East
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Gold, Silver And WTI Crude Daily Forecast – Investing.com

beats important 200 day moving average resistance at 1844/46 for a buy signal. (After the break, prices kindly dipped back to this level for a buying opportunity). Holding above the 9 month trend line at 1860/62 is yet another buy signal. (We bottomed exactly here on the pull back yesterday).

topped exactly at first resistance at 2875.

JUNE Future beats 6600/20 for a buy signal but unexpectedly topped exactly at the target of 6695/99. News out of the middle east unexpectedly caused a crash to 6411.