Technical analysis: key levels for gold and crude
A dovish Fed has boosted gold prices and oil is rising after a sharp drop in weekly inventories.
Softer dollar causes gold rally
Dollar weakness following the Federal Reserve (Fed) has driven the price of gold higher once again, and further gains will target $1326 and then $1347.
Rising trendline support comes in above $1300, with the $1310 area as another possible zone of support.
Brent finds new bullish momentum
Brent remains in a rising channel, having bounced from the lower end of the channel yesterday.
Further gains in the longer term target $66.86 and then $69.23. A retracement heads towards support at $67.30.
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