Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

Gold, oil and S&P500 this week

S&P500


Monthly chart: we still wait when the index will reverse to correction. Marginal area is represented by the upper Bollinger band (2197.7).


Gold, oil and S&P500 this week


Weekly chart: a local flat corridor within the range 2007.8-2150.2


Gold, oil and S&P500 this week


Day chart: even a better shaped flat area 2078.7-2142.6


Gold, oil and S&P500 this week


Expectations: flat position within the range 2078.7-2142.6


Trading decisions:


1) Trading in both sides within the channel 2078.7-2142.6


"Brent" oil


Monthly chart: To be based on general bearish scenario, bears could be more persuasive. But meanwhile Southern scenario is not broken, we wait 48 USD per barrel in the middle run.


Gold, oil and S&P500 this week


Weekly chart: Here bulls claim for reversal. For that, a new High has to be reached. Until it is reached, decline continues.


Gold, oil and S&P500 this week


Day chart: key resistance is based at 68.98. Any movement above means that bullish potential starts to work here and threat of failure of a Southern scenario.


Gold, oil and S&P500 this week


Expectations: Until Brent is traded below 68.98, we wait for decline down to 48.00 in the middle term. If there is a break above 67.00, a new Northern impulse may occur.


Trading decisions:


1) We keep sales open to 48.00


Gold


Monthly chart: Flat structure is still here.


Gold, oil and S&P500 this week


Weekly chart: Gold in the bottom envelope with support at 1144.62


 


Gold, oil and S&P500 this week


Day chart: a bullish pin has been received but place of emergence is controversial. Nevertheless, we are based from the possibility of growth to upper Bollinger band 1226.24


Gold, oil and S&P500 this week


Expectations: Growth to 1224.26


Trading decisions:


1)We buy to 1224.26

Aleksey Panasenko
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.