Crude Oil long term view Short

UKOIL/XAUUSDTVC

Description

⋅ Jul 22, 2017 10:34 PM

Crude oil measured in troy ounces of gold on monthly chart looks doomed. Slow bleeding last few months. Things can get ugly at any time.

⋅ Sep 14, 2017 5:21 PM

The downtrend seems failed for now. Moreover, I see a buy signal on monthly timeframe. I'm going to do deeper analysis soon.