US DOLLAR TECHNICAL ANALYSIS - Prices issued their largest drop in a month, bringing greenback to the weakest level since
S&P 500 TECHNICAL ANALYSIS - Prices rebounded as expected after putting in a Piercing Line candlestick pattern. Prices have pulled back to support at 1868.70, the 23.6% Fibonacci expansion, with break below that aiming for the
GOLD TECHNICAL ANALYSIS - Prices are approaching resistance at 1318.69, marked by the top of a descending Triangle chart formation and the 23.6% Fibonacci expansion. A break above this barrier targets the 38.2% level at 1349.81. The descending Triangle argues in favor of bearish continuation however (though confirmation is absent for now). Near-term support is at 1277.00, the Triangle bottom.
CRUDE OIL TECHNICAL ANALYSIS - Prices are turned sharply lower below the 105.00 figure, sinking to challenge support at 98.96 marked by the 76.4% Fibonacci expansion. A break below this boundary initially exposes the 100% level at 97.11. Near-term resistance is at 100.11, the 61.8% Fib, followed by the 50% expansion at 101.04.