Commodity outlook.
Jason Sen of - - Mon Feb 11, 7:51AM CST
Gold looks likely to hold above 1311/13 for a short term buy signal targeting 1319, 1323 & a selling opportunity at 1324/26.
Below 1311 tests trend line support at 1308/07 which could hold the downside. However further losses target the best support of the day at 1301/1299. Try longs with stops below 1297.

Silver holding support at 1563/60. This is the only level to risk a long (and it is working), with stops below 1555. A break lower targets 1542/40 & support at 1530/28.
Holding 1563/60 targets 1573 then quite strong resistance at 1583/86 for profit taking. (We topped exactly here). Could be worth trying shorts with stops above 1593. A break higher targets 1600 before a selling opportunity at 1618/22.

WTI Crude first resistance at 5270/80 held but above here meets 2nd resistance at 5330/40. On further gains look for a selling opportunity at 5380/5400 with stops above 5430.

Failure to beat first resistance at 5270/80 targets 5240/30 (we bottomed 10 ticks below on Friday) before the low at 5185/80. A break lower targets 5140/30 but we should find good support at 5080/70.