We are expecting the yellow metal to continue its uptrend till the last week of September, that's when we can see some sort of sell off coming in.And that would make it a short term top for Gold.Gauging from the speed of up-move the prices could go to the levels between $1360-1380, that's 2-3% rise from current levels.
The severity of selling would have to be seen...
Looking to short Oil in around 43.38
double swing move from the recent lowest low ( 66.66%)
Strong Monthly Gann Angle around this area ( Please consider price time movement till it reach this area)
Former resistance area
March 2015 low ( 42.02) is a good area to watch price action
Short Entry @ 191.640
StopLoss @ 192.220
Take Profit @ 189.770
Broken Daily support over bought have had a double top in the past couple days which ran right back into the support turned resistance marked by the pink line.
Fundamentally the Yen has gained some strength and it is being shown a little bit across the board.
Technically we can see a lot of...