USOIL started a bull rally from 63 to 129.
Then it retraced back to 0.50 fib level of this whole rally.
Now here is the key point
It again start to approach 0.618 fib level (115-116). So it means if Bulls managed to close above 116, We may witness a new HIGH.
While Gold Fall badly from 1999-1799 when Gold retrace to 0.50 Fib Level.
While OIL is still steady and Bullish.
I am expecting top around 145-150.
Then it retraced back to 0.50 fib level of this whole rally.
Now here is the key point
It again start to approach 0.618 fib level (115-116). So it means if Bulls managed to close above 116, We may witness a new HIGH.
While Gold Fall badly from 1999-1799 when Gold retrace to 0.50 Fib Level.
While OIL is still steady and Bullish.
I am expecting top around 145-150.