April 15, 2013
- in Uncategorized by schooloftrade
Monday’s Daily price-levels; Prepare for PROF$T
Crude Oil and
Gold both dropped like rocks this last week,
Gold both dropped like rocks this last week,
will it continue in the week
ahead?
ahead?
 |
| Crude Oil Futures; Weekly |
Crude Oil Weekly:
We’re sitting at the 200-ema support level at the lows of
this price-wedge structure. We will be
looking for prices to rise off this level early in the week.
this price-wedge structure. We will be
looking for prices to rise off this level early in the week.
 |
| Gold Futures; Daily |
Gold Daily:
Daily chart of gold really gives us a picture of how much
we’ve dropped over the last few weeks from the middle of this trading
range. We don’t have much more support
levels below us according to the last 2 years, so we will default to the Weekly
chart for buy-zones.
we’ve dropped over the last few weeks from the middle of this trading
range. We don’t have much more support
levels below us according to the last 2 years, so we will default to the Weekly
chart for buy-zones.
