Sunday, May 6, 2012
Hi traders,
some update on Gold & Oil forecasting.
Gold - Weekly chart showing BEAR candle. However, the price is still in sideway. We want it to break the trendline before we go together with its flow. So, guess...which direction the price going to go next week....
Oil - Big BEAR candle eat up all previous few weeks price gain...we may want to enter on the retracement point from the big candle....North or South.... I go for SOUTH this time.
Labels:
gold,
gold trading,
oil,
oil trading
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