The 4-hour chart showed that gold prices suddenly decreased and left the maximum at 1315. The sellers tested the support at 1300 and stopped near 1280.
The bulls will regain the leadership if they break through the resistance at 1315.00. Their target will be 1330.00.
The bears will maintain the initiative if they break through the support at 1300.00. Their target will be 1280.00 and 1260.00.
The 4-hour time-frame showed that Brent oil was actively traded in the downwards trend and renewed the minimums. The bears managed to break through 48.50 and tested the level 47.50.
The bulls will regain the leadership if they break through the resistance at 48.50. Their target will be 49.50.
The bears will maintain the initiative if they break through the support at 47.50. Their target will be 46.50 and 46.30.
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