Hi all,
these are my analysis for Oil and Gold.
We will only act once the confirmation candle appeared.
At the moment -
GOLD - Engulfing Bear candle.; Bullish Divergence in development.
OIL - Pin Bar at resistance ; Wedges pattern under development.
Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts
Saturday, January 12, 2013
Labels:
gold,
oil,
trade gold,
trade oil
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...
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
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
Monday, April 2, 2012
My personal view on Oil - The immediate trend for next week is Down trend. shall see whether it is going down or move the other side.
TAYOR
Monday, March 26, 2012
Hi all,
attached herewith are the outlook for gold and oil for next week. Mr Market become more volatile after US announced sanction of Iran oil from international trade. Reason?....I don't know. what I can say, I hate US gov decision on the sanction.
attached herewith are the outlook for gold and oil for next week. Mr Market become more volatile after US announced sanction of Iran oil from international trade. Reason?....I don't know. what I can say, I hate US gov decision on the sanction.
Saturday, March 3, 2012
![]() |
| Spot Gold Chart - February 2012 |
![]() |
| Spot Oil Chart - February 2012 |
Hi all,
I just looked back to February 2012....and lay out the possible trade in that month (using harami alone).
Gold - 1 possible trade.
Oil - 1 possible trade
what? only 2 possible trade per month? Yes dude....2 trades only. Big probability you'll be on the winning side.
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