What are the chances of this.A Backward wedge on US 10 year treasury yields - just when we are seeing signs of USD strengthening and Gold to get hammered in the medium term.Backward wedge has already broken upwards – that has been causing GOLD prices to fall – perfectly timed.Historically GOLD was not that closely correlate...

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BRENT looks good for a Buy for few days. As it is quite oversold and overstretched from its 200 period moving average. Im Long on brent. Open at 65. Target  = 68 Once it reaches resistance a round 67.5/68  will be Short on Brent again.

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Crude and Gasoline is quite overstretched from its 200 period moving average on hourly. I would expect a pull back close to the 200 period moving avreage. Coupled with a reverse wedge pattern AND strong divergences forming, Gasoline looks like it could head back up to 2.14 before continuing its medium term move down. Short term psition: LONG...

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