Daily Technical Gold/Oil/Silver

Gold: Yellow Metal Trading A Tad Higher In Asian Session

For the 24 hours to 23:00 GMT, gold fell 0.21% against the US dollar, closing at $ 1,277.80

announce after some optimistic US economic reports raised the prospect of a Fed rate hike

next month , In the Asian session, the pair traded at 1278.40 GMT0400, with gold trading

marginally higher against the USD since yesterday's close.

The pair is expected to find support at 1273.27 and a breakthrough could bring it to the next 

support level of 1268.13. It is expected that the pair will find its first resistance at 1286.77, 

and a rise could bring it to the next resistance level of 1295.13.

The yellow metal is trading below its 20-hour and 50-hour moving averages.

Silver: Trade In white Metal In The Asian Session Higher

For the 24 hours to 23:00 GMT, silver rose 0.59% against the USD, closing at $ 17.08 an 

ounce, offsetting losses from the previous session.In the Asian session,  GMT 0400,  the pair is trading at 17.10 with the price of silver rising 

0.12% against the USD from yesterday's close.The pair is expected to find support at 16.99 and a breakthrough could bring it to the next support level of 16.87. It is expected that the pair will find its first resistance at 17:17, bringing it to its next resistance level of 17.24.

The white metal is trading above its 20-hour and 50-hour moving average.

Crude Oil Returns Its Losses, Ahead Of Baker Hughes Weekly Rig Count Data

For the 24 hours to 23:00 GMT, Crude Oil fell 0.13% against the USD, closing at $ 55.23 a barrel, amid growing concerns about rising US crude oil inventories and gloomier prospects for global oil demand. For the 24 hours to 23:00 GMT, Crude Oil fell 0.13% against the USD, closing at $ 55.23 a barrel, amid growing concerns about rising US crude oil inventories and gloomier prospects for global oil demand. In the Asian session at GMT0400, the pair is

trading at 55.32, with the oil 0.16% higher than the USD from yesterday's close. The pair is expected to find support at 54.96, and a breakthrough could bring it to the next 54.6 support level. It is expected that the pair will find its first resistance at 55.65, and a rise could bring it to the next resistance of 55.98.

Crude oil is trading above its 20-hour and 50-hour moving average.

This is learning where market move not for recommendation buy or sell