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
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
TRADE FOREX, INDICES AND COMMODITIES WITH FUNDED TRADER ACCOUNT!