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The XAU/USD was in sell mode on Thursday. Buyers were not able to defend the level 1350 and the sellers took control over the market. The XAU/USD got under pressure in the North American session and decreased towards 1340. The resistance is at 1350, the support comes in at 1330 per ounce. A move below the 1338 mark would suggest a resumption of a bear trend. The level 1330 is the next target of the sellers. To return control over the market buyers need to break 1350.

09_09_2016 xauusd


Brent futures closed bullish on Thursday. Buyers pushed the price upwards, the crude oil price broke the level 49.50 by the end of the trades. The resistance is at 48.50, the support comes in at 47.50 dollars per barrel. The price may slightly pull back below 49.50. The overall picture is bullish. Buyers will lead the price towards 50.50.

09_09_2016 brent

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