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CRUDE OIL Faces Further Bear Pressure, Eyes 68.27 Area

CRUDE OIL faces bear pressure following its Wednesday price sell off. On the downside, support resides at the 68.50 level where a break will expose the 68.00 level. A cut through here will set the stage for a run at the 67.50 level. Further down, support resides at the 67.00 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On

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CRUDE OIL Eyes Downside Momentum Towards 72.93/71 Zone

CRUDE OIL eyes downside momentum towards its key support residing at 72.93/71 zone. This is coming on the back of a loss of upside momentum the past week. On the downside, support resides at the 73.00 level where a break will expose the 72.71 level. A cut through here will set the stage for a run at the 72.50 level. Further down, support

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CRUDE OIL Looks To Extend Trend Resumption

CRUDE OIL looks to extend trend resumption following its rally on Wednesday. This has increased the risk of further upside pressure towards the 76.50 level. Further out, resistance comes in at the 77.00 level. A break above here will aim at the 77.50 level and then the 77.50 level followed by the 78.00 level. Its daily RSI is bullish and pointing higher suggesting

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GOLD Looks To Break Key Resistance

GOLD looks to break key resistance located at 1,214.28 zone. This is coming following its corrective recovery off the 1,180.75 low. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door for a move lower towards the 1,180.00 level. Below here if seen

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GOLD Faces Price Hesitation Risk

GOLD faces price hesitation risk as it looks to follow through higher on the back of its Friday gains. Unless it returns below the 1,180.00 levels, risk of consolidation is likely. On the downside, support comes in at the 1,180.00 level where a break will turn attention to the 1,170.00 level. Further down, a cut through here will open the door for a

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GOLD Risk Remains Lower With 1,187.00 Area Targeted

GOLD risk remains lower as it continues to face risk of further downside pressure despite consolidation risk. On the downside, support comes in at the 1,190.00 level where a break will turn attention to the 1,180.00 level. Further down, a cut through here will open the door for a move lower towards the 1,170.00 level. Below here if seen could trigger further downside

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GOLD: Bear Pressure Sets To Target The 1,187.00 Level

GOLD: The commodity continues to target lower prices following its lower close the past week. This has opened the door for more weakness towards the 1,187.00 level. On the downside, support comes in at the 1,180.00 level where a break will turn attention to the 1,170.00 level. Further down, a cut through here will open the door for a move lower towards the

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GOLD: Bounces Off Lower Prices With Eyes 1,206/14.00 Zone

GOLD: The commodity looks to follow through higher on the back of its Tuesday price rejection. This has opened the door for more recovery higher. On the downside, support comes in at the 1,190.00 level where a break will turn attention to the 1,180.00 level. Further down, a cut through here will open the door for a move lower towards the 1,170.00 level.

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