Gold buy side invalidated as it rejects the final push by buyers..strongly reversed from 2364 zone. Now trying to break into the support, once it is done it can target for 2310 and 2290 zones.
Hey, you are biased! Yes, you can call me biased but I can't trade with breakout. Instead I try to find the false breakout. As you can see Gold again came back to test the old support zone. The more it tests the support level and invite bulls to trap, it gets stronger towards further downside. Two probable price action path provided.
WTI traders, beware of this potential trap. I will wait for some more time to trade this. I have love-hate relationship with breakout or breakout possibilities. Will see!
Gold is showing bullish in higher timeframe. It is grabbing liquidity around 2330 -2345 zone and hovering around 61.8% Fibo retracement Should go higher post a little hurdle.
WTI Crude OIL testing STRONG support zone. It should break below the support and go up.