Gold Should Reach to New High

Gold should reach new highs in this week, maybe even around 1640, but after 1628 break of wave b) extreme.

Crude Oil 15 Min | Elliott Wave

Observing now oil 15 minutes for possible trade on 4 wave correction for fifth. We are in the later stages of falling market and expect a bigger correction so we have to pay attention on every aspect if we want to trade this. Looking for inter-market relationship to confirm the trade set up. Here is food for thought. And we have to see what shape will this 4 wave take....Aleks

Sell Gold around 1656-1660 for 1645-1632-1626

Sell Gold around 1656-1660 Target 1645-1632-1626 SL above 1666

Crude Oil Signal

Crude Oil: Long at 100.75

Stop 100.16

Target: 101.77-102.44

 

Trade Signal for Thursday Dec 29

Commodity		Entry	Target	Stop
Gold		Limit Buy 1515	Limit Sell 1530	Stop Sell 1511
Crude Oil		Limit Buy 99.10	Limit Sell 100.00	Stop Sell 98.90

Source: www.fwfutures.com

Trade Signal for 27 Dec. 11

Commodity		Entry	Target	Stop
Gold		Limit Buy 1594	Limit Sell 1606	Stop Sell 1590
Crude Oil		Limit Buy 99.40	Limit Sell 100.30	Stop Sell 99.20

Source: www.fwfutures.com

Daily Commodities Signal

Commodity		Entry		Target	Stop
Gold		Limit Buy 1599		Limit Sell 1611	Stop Sell 1595
Crude Oil		Limit Sell 99.85		Limit Buy 99	Stop Buy 100.5

Source: www.fwfutures.com