Sunday, May 13, 2012


Hi all,
Now, let's look into Gold and Oil forecast for next week.
Gold - shall test the support (major support). Breaking the support line, we will see Gold going down further. With the bad news coming and keep coming, I guess, a lot of investors outside there now turning to USD as their safe heaven (WTF!).

Oil - shall going further south? we shall see. With OPEC intervention, Oil price shall be stabilize again.
p/s - don't you see on weekly graph, Oil price is very likely to have a long shadow (upper and lower).

happy trading to all. muahsss...

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