Globalfx84

Globalfx84

Based on 4h trend, I presume US 100 will be bearish next week. But as for daily, this is just a pullback not trend changing.

Globalfx84

Gold projection next week - Looks like still in bearish condition - 4h & 1d RSI is on oversold area so I predict the price may move upwards to 1785 - 1793 area before continue bearish trend.

Globalfx84

Price retrace to 1788 - 1795 before continue uptrend to test 1835. This week bearish bias for gold

Globalfx84

Price retrace to range around usd 72.30 (sbr) or 71.73 (38.2 fibo). Long position up to usd 75. Bullish bias.

Globalfx84

Prediction WTI next 3 days Depends on price 72.52. If its break long position to 74.30. If not short position towards 68.45 Based on EIA Report & Cushing inventory. Reason for long movement: RSI above 50 & price is still above ma50 & 100. Rig count +7 Reason for short movement: RSI is near Overbought area & downward momentum prevail.

Globalfx84

Hi, This is the first time i ever publish my outlook. As for the US Oil, this is what i predict for next week. Moving long position. :)