The Price of Gold Has Just Soared and Hit 1915, Can You Continue to Buy?

After breaking through the 1910, gold continued to rise. It currently hits the 1915 level. Silver expanded its gains to more than 2%, while crude oil fell slightly.

Gold: further rise

Turning point: 1898.00

Trading strategy: bullish above 1898.00, the target positions are 1921.00 and 1934.00 respectively. Or, stay bearish below 1898.00, and the target position is to look at 1889.00 and 1881.00 in turn.

Reason: The RSI indicator shows upward mobility.

Silver: further rise

Turning point: 23.9700

Trading strategy: bullish above 23.9700, the target positions are 24.5000 and 24.7500 respectively. Or, stay bearish below 23.9700 and look at 23.6300 and 23.3300 in turn.

Reason: The RSI indicator suggests further gains.

Crude oil: bullish above 40.60

Turning point: 40.60

Trading strategy: bullish above 40.60, the target positions are 41.70 and 42.20 respectively. Or, stay bearish below 40.60 and look at 40.20 and 39.90 in turn.

Reason: The RSI indicator is a mixed blessing and tends to be bullish.

(Trade on your own risks, happy trading and GL)