WTI Crude Oil & Spot Gold Weekly Trading View & Signal DATE: 28-01-2024

Ram Ram Bhai.

WTI Crude Oil Medium-Term Trading View: last week we had seen very bullish pattern in Crude Oil and we got weekly closing ($78.14) above last month’s high ($76.74). as per Technical chart we can expect more rise in next week up to next resistance level of $79.75. if OIL trade above our resistance level then we can expect another sharp rise up to our next resistance level of $83.50. now Oil has good support zone of $76.74 & $75.50.

Spot Gold Medium-Term Trading View: last week we had seen small range trading in Gold. Next week we can expect good movement because of lots of data, specially of “Non-Farm-Payroll”. if Gold not give break out of $2000 then we can expect rise up to $2040 & $2057 and $2000 below means $1988 & $1972.

Chandan Singh

this is Chandan Singh from India. research technical analyst in financial market and helping investor or traders to generate knowleage with profit from financial market with having 17 years of experience!