Brent Crude Forecast 13 May 2024Brent crude oil still hovering around the low $80s. Here's what we're looking for in crude oil - hope this forecast will help you with your oil trading decisions. *SHORT Case* · · Brent still hovering around the low $80s. Looking to see if price shows a reversal around $80—$82 area. · · We are lookin...
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I have to admit, this year has been tough so far, I couldn't see many trading opportunities in crude oil. I'm getting back into action, expecting to see markets move again, here's my technical analysis on Brent Crude Oil:SHORT Case · · It seems most of the falling is done on Crude Oil, and price will most likely hold around the $80s. ·...
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Gold Technical Analysis (XAUUSD) - 04 Mar 2024SHORT Case • A large short opportunity could present itself near $2050 region, taking Gold back down to retest the $2000s. • Gold short positions should be used as hedges against buy position in the current market. LONG Case • We expect golds push up to peak somewhere around $2050, where we co...
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