When we checked the silvers trend line, fibonacci and resistance. I found out that all these three musketeers are meeting for a chat at 18.30 level. Hence we go for a sell.
Fibonacci reaching its 161.8% of its previous wave.
A long term bearish channel which is crossing over 161.8% and also there is previous resistance at 18.30.
US Oil has broken the huge bullish channel. Also it has broken the Fibonacci 161.8 levels. Well USOil is a commodity which will go as per the trend. If its bull its a cruel bull and if its a bear its a cruel bear. We got two massive powerful bear and bulls in USOil. They don't get dominated and they won't stop dominating.
