Oil has tested it's evening star. Which gives a great entry for level below 40.00.
It is also the completion of this Head & Shoulder setup. I may wait to sell after
GMT midnight as a Oil close to 48 would be perfect.
Sell GOLD 1290.30
Or if it retrace to 1300/31 is the best entry. But looks heavy so if it drops we want to get in. Target is a resistance from weekly chart. Stops according to your risk and money management.
Short/Sell Gold 1296.50 which is test of the evening star. And also 61.8 fib for a drop down. SL according to your risk management. If 1299.60 is possible take it or higher. Target will be announced later.