Today's closing for spot gold is extremely important $1727
Also not to forget that tomorrow is a holiday because of Good Friday and we have US non farm payroll data
So Monday gap up / gap down is possible
As anticipated previously Spot gold failed to break is major resistance around 1750 -1760 and fallen sharply from there.
Gold prices are now likely to test 9th March 2021 Lowes which is $1676
On the daily chart currently gold prices are trading in a downward sloping channel. If 1676 dollar is breached a test of the test of channel lower level is possible...
Crude Oil is likely to find resistance near 4500 - 4520
As shown in the chart it is currently trading in a downward sloping channel.
Till the time it is trading below 4620 there is a good chance we can achieve a target of 4100