GOLD
Gold is stuck in consolidation and seems to be very choppy for now. There is resistance near the 1335 area and support at the 1310 area. I will be going long/short only once it breaks those levels.
Current call: Buy above 1335/Short below 1310
SILVER
Like gold, silver too is stuck in consolidation with the moving averages catching up. I will be buying/shorting at the break of the consolidation.
Current call: Buy above 19.8/Short below 19.3
CRUDE OIL
Crude has continued its grind lower and is extremely weak. But, now it is approaching some strong support near the 42-42.5 area. We could see a possible reversal here. It definitely looks like the bottom could be near. We will know soon.
Current call: Buy near the 42-42.5 area