USOIL
Oil looks to turn bullish as we have two failed attempts to break the demand area and for price to fall down, XAU and USOIL share a 80% correlation and XAU looking strong we can look to buy USOIL and aim higher as my two trade examples show. Enjoy the week!
Note
Strong rally today, look for a potential breakoutNote
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.