Gold and Oil News(2015.10.19)

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Source: FxPro Forex Broker (Review and Forex Rebates up to 85%)

Gold News

Gold spot Intraday: the downside prevails.

Pivot: 1184.5

Most Likely Scenario: Short positions below 1184.5 with targets @ 1163 & 1158 in extension.

Alternative scenario: Above 1184.5 look for further upside with 1190 & 1196 as targets.

Comment: As long as 1184.5 is resistance, likely decline to 1163.

Gold Chart

gold 2015

Oil News

Crude Oil (WTI) Intraday: continuation of the rebound.

Pivot: 46

Most Likely Scenario: Long positions above 46 with targets @ 47.85 & 48.46 in extension.

Alternative scenario: Below 46 look for further downside with 45.23 & 44.6 as targets.

Comment: The RSI is mixed to bullish.

Oil Chart

oil 2015

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Roxa Says

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Hi all, i like buy 1 lot Oil for target of 100USD in next Year! let me know your idea! is it safe for buy Oil Right Now?!

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Forex & You! Says

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Roxa, you are free for but 1 lot oli! but as my idea maybe! maybe gold come to 20$ , as my idea of you have 30 000$ free margin at least,,You can buy, if not i did not recommend it!

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Jame Akard Says

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Hi Forex&You !are you joking gold will go to 20$ !! Do you mean go down 20$?!


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