Gold price continues declining. First target for middle-term sell positions is to break through September low
USCrude – Oil
Oil middle-term downtrend continues at the beginning of the week. The target is at Target Zone 2 [54.36 – 53.91]. The key resistance is a little higher than the broken-out TZ, the zone is at [59.81 – 59.36]. To sell oil at good prices, one should expect a correction into the zone of [59.81 – 58.41] and look for a pattern.
Oil is also trading down in the short-term trend. Traders consolidated the price below Gold Zone [56.76 – 56.53]…
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