S&P 500 Forecast: Potential Drop Ahead?

American stock index S&P500 is approaching a very important resistance at the level of 4580.00. The price of the asset is likely to pull from this level and drop.

The price of Brent oil remains at the psychological level of 120.00. Last Friday, the asset’s price has dropped below this level. All in all, Brent oil should drop till the level of 100 soon.

The price of gold is approaching the level of 1976.5 away from which it might potentially pull back and drop till the level of 1880.00. In this case, it would be wise to follow the price movements next to this level to understand what is about to happen next.

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