azizhk

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USOIL 50% | 1 XAUUSD 50% | 1
azizhk azizhk XAUUSD, W, Short ,
XAUUSD: XAUUSD short. Bears may be ruling for some time!
119 0 3
XAUUSD, W Short
XAUUSD short. Bears may be ruling for some time!

Asset: XAUUSD Bias: Bearish Time frame: Weekly 1. Fibonacci retracement low of 13/10/2008 to high of 29/11/2011 2. Fibonacci retracement low 14/12/2015 to high of 11/7/2016 3. Trend line from high of2011 and high of 2016 Next probable gold support seems to be at 1296-1297 zone, and if that is broken then gold may find support at 1248, which is .382% of recent ...

azizhk azizhk USOIL, D, Short ,
USOIL: Crude Oil (WTI), D, FXCM
159 0 4
USOIL, D Short
Crude Oil (WTI), D, FXCM

Oil is already meeting with resistance at 50MA, then 100MA is just above waiting! Then comes the long time trend line as drawn. I am expecting price to bounce off these resistances and head lower in the at least the short term.

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