Gold now going to test resistance at 3044 then bearish block activated then it sharp decline to 2950 area plus minus 50 pips then pump back to 3067/3069 area sweep both side order little correction
Gold is more likely to push more upside next coming few weeks because uncertinity around the world , ukraine Russia , europe Nato and other nations etc ready for 3290 next targets
This how market cycle works once all stocks or mother of stock blow off top it tends to dropp this drop if history repeat it self it drop to 2000 area to find support as per fibo retracement see chart areas to likely to trade
Oil is only the source of energy until now because it black gold for sure if buy now 68/69 it will rise upto 104 usd per barrel so this will be 1st bullish impalsive upside wave
This is now going into next bullish phase gold will continue its bullish formation set targets 2961.67 for upside once it reached we will see further movement