Gold tested 5 times in the 1480 area and has not fallen below. But the situation has changed.
Tested 1480 multiple times, indicating that this support is invalid. Falling to 1450 is only a matter of time.
The interest rate decision fell, gold plummeted, and everything was as expected.
Gold has gone through a theory of buying the expected and facts of selling.
Gold plummeted, but the price was still running above 1485, so to long gold is correct .
Saudi Arabia broke out two heavy news.
Saudi Arabia now promises a huge surge in oil output next week.
Saudis are going to be back on track asap.
Crude oil plummeted to 59, but did not return to the lower range. So my opinion is that the shock upward.
Buy stop 59.1
Sell Limit 58.3
take profit 60.7
My analysis is like this.
Now it is time to short Crude oil below 63
No doubt, it is shorting crude oil . The first on the tradingview to short crude oil .
This message happened on weekend. The Iranian-backed Yemeni armed forces attacked the Saudi oil production facility with drones, resulting in a 5% global supply capacity being forced to stop. Saudis Need...