Oil is testing the key support

XAUUSD is bouncing from 1680

 

Oil is testing the key 86 support.  A bounce here is required for the test of 100 and breakout higher. Break below 86 will lead to an invalidation of the recent medium-term trend and a deeper pullback to 60-70 zone. Short-term 86 and 100 are the levels to watch for a direction.

Note: look for the long trade entries with the stop loss below 86

 

Oil key support test

 

 

 

 

 

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