Fundamentals are good as well, no reason for this to go down.
We will know if we buy or short oil depending on the decisions that will be made by the OPEC on june 5th.
Looks like the technicals ar good before ER. Shoulder head shoulder/ bullish pennant on 5min
If next ER doesn't beat estimate we could hit the lower part of the handle and buy at 3,20-3,50.
If it goes trough support we might see lower prices for gold.