Triple bottom, presidential elections will boost numbers
Fundamentals are good as well, no reason for this to go down.
Bullish pennant on 1day
If it complets the patern we might see lower lows
If it completes this patern we might see lower lows.
We will know if we buy or short oil depending on the decisions that will be made by the OPEC on june 5th.
If it breaks, this might go to the moon....
If it bounces we are in for an other pre ER Bullrun.
Geopolitic situation, aftermath.
Looks like the technicals ar good before ER.
Shoulder head shoulder/ bullish pennant on 5min
If next ER doesn't beat estimate we could hit the lower part of the handle and buy at 3,20-3,50.
Big run up before end of the month.
has to stay above this support.
Bullflag on 1H
Shoulder head shoulder forming on 1H.
Bull flag on 1 minute
Looks like a bullish upswing may happen in a near future
If it goes trough support we might see lower prices for gold.