Hold gold sell trades. The first impulse wave was yesterday. The second one should be today or tomorrow. The downside targets should be reached this week
USCrude – oil
Oil is trading in the middle-term downtrend with a target in Target Zone 2 [60.21 – 59.78]. I recommend buying the instrument on the correction according to the pattern either form the broken-out TZ [55.86 – 55.43] or from the new corrective one [53.10 — 52.66].
Let us analyze the shorter chart. Oil is trading in the short-term uptrend.
According to margin zones, the upside target is the upper Target Zone…
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