AS YOU CAN SEE IT MOVES DOWN ACCORDINGLY. SUCCESS TO ALL.
It seams oil is going to test not only the main resistance... It will go further to the red line. Lets see what happen next.
It's going to make the second full back and rise again.
Gold depends on break out... In my opinion long probability is much higher. If it breaks out for long it will be beginning of huge movement up to 1500 level.
In my opinion oil price up again as soon as pull back the trend line.
Oil price breaks out the trend line accordingly. In my opinion if we consider a hight of the previously broken big triangle the price will definitely raise up to 42 level... Last Friday I have hedged my position @36.30 and now waiting for a solid pull back to release it.
Big triangle has hardly broken... In my mind oil price will grow up further up to 42 level.