No clear trend at the moment. Stay on the sidelines.
Very unclear market. Stay on the sidelines.
Monthly double bottom, the red line showing stop loss.
Brend Crude Oil is on the monthly hugging the trendline. This is a bearish sign. Look to short this market.
Price has paused to catch some air before continuing its downtrend.
It would not be reasonable to short yet. Wait for price to form a double top.
Price has made a series of lower lows and lower highs in a channel, indicating bearish pressure.
Could go long when price starts to bottom out.
Gold looks to be in a bullish sentiment on the monthly. I will be averaging long one gold per day the next following two months to build up a decent position.
