Gold local trend reversed downwards
USCrude – oil
Oil middle-term uptrend continues. The price is currently rising up from the trend key support [53.77 – 53.40]. I recommend looking for purchases this week. Buy target is in Target Zone 2 [58.13 — 57.77].
Oil short-term trend reversed upwards via the breakout of Intermediary Zone [55.74 – 55.56]. The upside target is at Target Zone [57.75 – 57.39].
Enter buy trades on the correction at the strong supports. The first zone with good buy prices is [55.74 – 55.36]. The second zone to look for buy entries is at the key...
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