Currently in a grey area where price has reversed strongly previously in 2019. I personally will not be opening any positions until we see a clean break to the downside. If this condition is met, then I would except a strong downtrend to form. Let know what you guys think!!
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Expect*****
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*TRADE INVALID FOR NOW* price of oil has shot up due to US killing of top iranian general. cant really analyse now due to uncertainty.
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After trumps annnouncement yday we have seen a sell off on both gold and oil. if things stay how they are, we may see oil fall to 53.00 as projected.