Oil is moving in a bearish direction after breaking the uptrend, as oil faced a weekly supply area that pushed it to the downside, and as long as oil respects the downtrend, it is expected to drop from 71/69 to 62/59, but if 71 is broken and stabilizing above it, it is likely to rise to the top At the price of 74 / 76 oil/usd sell: 69/71 tp1: 66 tp2: 63 tp3:...
Gold moves near an important resistance area between the price of 1825 and 1835, and as long as the price did not breach 1835 and stabilize above it, it is likely to descend to 1800 as a first target, 1780 as a second target, and 1760 as a third target, but if 1835 is broken and held above it, it is likely to rise to 1855 as a first target and 1870 as a second...