My opinion is that GOLD will continue it's downward trend. Watch those two zones down below important areas of support.
Please do your own due diligence and look for several confirmations.
Crude is in a strange land these days, most searching for the floor.
A rally will most certainly occur bit until them follow the trend.
This analysis is meant to show where zones of support and resistance exist, not the the price will trade short or long.
**As always these are my thoughts on where the price may go. Please do you own due diligence.**
Look to test test yesterday's POC at the 65.70 area. If we trade lower, then I would look to test yesterday's low at 65.32 for a possible reversal point.
DON"T FORGET - Oil inventories today.
Happy Halloween and Happy trading!
As always these are my thoughts on where the price may go. Please do you own due diligence.
Look to take out ONH early in the session. If we sell of some areas of interest are the 92 area where it left a SINGLE and then of course the ONL.