Showing posts with label oil trading. Show all posts
Showing posts with label oil trading. Show all posts

Saturday, July 7, 2012


As we see, last week Gold and Oil gave back what it gained on Monday & Tuesday,
MAYBE...the bear movement shall continue for next week (coupled with string of bad news from Euro & US)....
Let see what happen.
Trade at Your Own Risk.

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.

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.
 


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