Gold price already escaped the yellow consolidation box, but it unexpectedly shies to move to $1,280 target of the breakout. Lack of interest and also strength in U.S dollar put gold in the backseat, waiting for an opportunity to stage another rally. Gold bear will try to push the price inside yellow consolidation box again, while the bull will try to bring the price above $1,270 first to form a stronger base before touching $1,280 – $1,300 area. Today critical level to watch: Support: $1,260, $1,250, $1,220, $1,200 Resistance: $1,270, $1300, $1,280, $1330, $1350 Silver Bull gained the upper hand against the bear in triangle tug-o-war. The price bounced higher from the trendline and capped near $17.80. On the upside, we have solid resistance at $18.50, and the price should move between it and the bullish trendline. Today critical level to watch: Support: $17.50, $17.00, $16.50 Resistance: $17.80, $18.50, $19.00 Crude oil price boosted by Russian Energy Minister Alexander Novak which said Russia urge discussion on Joined oil production cut by OPEC. Although it is a positive sign, Iraq has yet to agree on the production cut plan which put the oil rally in uncertainties. The price holds gain above broken triangle, all selling pressure absorbed perfectly but no higher high formed. The bull needs a decisive close above $51 to reverse selling pressure, while the bear wants the price below $50 to incite more selling. Today critical level to watch: Support: $50.40, $50.00, $48.50, $48.00, $47.00 Resistance: $51.00, $51.14, $51.60, $52.00

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