XAUUSD weekly
Technical observation
The commodity on the weekly chart above is trading with an increasing bearish bias between the supportive zone 1693.37-1675.14 and a resistance level 1976.02, this bearish movement is a correction to the zone I have mentioned above and I expect a rejection within the same zone to pick long positions. My advice, remain neutral temporarily and wait for a correction to the zone I have mentioned above and a rejection within it to buy #XAUUSD with your take profit at 1976.02 and stop loss at 1585.78. I can only recommend short positions in case of a clear breakout below the supportive zone 1693.37-1675.14 followed by a correction to it.
Trade recommendation
Remain neutral.
#Gas weekly
Technical observation
Last week, #Gas rose and hit our take profit then broke above it with a big green candle, I expect a correction to the just broken line followed by a bounce at it for a momentum to the upper side. As it is on the chart above, remaining neutral for now is ideal than picking any positions, my advice, wait for a correction to the level 3.421 and a correction to it to buy #Gas with your take profit at 4.398 and stop loss at 3.100. In case of a clear penetration above the key level 4.398 with a big green candle, I expect a further surge to the upper side. As it is on the weekly chart above, I can only recommend bullish positions for the commodity above.
Trade recommendation
Remain flat.
#WTI weekly
Technical observation
For several weeks now #WTI has been rising steadily towards the resistance level 76.73, I expect either a loss of this bullish movement at the level I have mentioned above followed by a correction to the supportive zone 59.77-58.74, or, a clear breakout above the same level with a big green candle for a further momentum to the upper side. If you are currently long with this pair, remain so and pick your profits at 76.73. If you are neutral with #WTI remain flat and wait for either, a clear breakout above the level 76.73 to pick long positions or, another correction to the supportive zone 59.77-58.74 and a rejection within it to buy this commodity.
Trade recommendation
Remain long with your take profit at 76.73.
cn 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
