We are at 1150 maybe a good place for a short, of course this is purely based on technical resistance level so the risk is high

Only Gold!

1125 and then 1134 are the resistance on the upside both can be good places to try a short, but if that huge spike down last month that reached 1064$ according to my chart was an attempt to draw more sellers to push the price down, can we count it ...

Only Gold!

Yes it is fot me now please stop draging this conversation further

Oil and Natural Gas

Noone said anything about something being impossible, now is it really to critisize me without any constructivnes the best thing you can say about crude ? Atleast you could have said you view if you have one

Oil and Natural Gas

I closed my longs from friday, i might have closed them too early since this move can go over 44$ but this morning they were at quite a loss so i am happy now i took some profit, hm now if we indeed continue higher i will be looking for shorting ...

Oil and Natural Gas

Your recent advises are very good, i didn't traded gold today i woke up too late to buy it but your call was accurate, anyway crude is interesting now, we have 9 weeks including this one of decline in a row in crude more than ever on my charts which ...

Only Gold!

Overall it seems we are going for a test of 40$ but now i think to try a small buy, actually this week there is a good chance for a close above 44$ so i wouldn't sell right now

Oil and Natural Gas

1119$ level holds, it might still be the top of the fall but i closed my shorts

Only Gold!

It will reach 40$ i'm pretty positive, then i don't know, but 34$ i consider for a hard bottom, this week tho i expect a close above 44$ and currently i have no open positions on crude i shorted gold in the morning, so overall i will be looking for ...

Oil and Natural Gas

TP at the bottom of the range around 1084 what do you think ?

Only Gold!

I closed my long at 44.20 because price action looked like we are going to go lower and we still can but i won't short it for now because it reached a many year bottom and it might be different than usual here

Oil and Natural Gas

It seems to me more dawnward movement is comming today so i will close my long soon but i expect this week a close above 44$ so i will enter long at lower level if reached

Oil and Natural Gas

Mmm that will be anyone's guess weather it will go back, actually it will eventually because price won't stay below 50$ forever it's question of when and how low it will go before it does come back, but you traded against the trend i guess you ...

Oil and Natural Gas

No genius can predict what the future may bring us, those who came up with that term didn't came up with the possibility that new technologies might bring out more oil

Oil and Natural Gas

34$ is the lowest possible price, well unless a meteorite strikes earth and wipes forex

Oil and Natural Gas

But what did you do ? Me for example on wednesday i had a short on crude at 46$ and when inventory report got released with -4m.b. i started hesitating should i close it. I knew this report would have only short term effect and that the trend will ...

Only Gold!

It's not bottomless at all, according to my calculations crude will not start to go for free any time soon

Oil and Natural Gas

Inventory report is comming, we will see what the numbers will be, i have a short position left from yesterday which makes me a bit nervous opened at 46$ its on red right now but i will wait for the report since i expect a down move

Oil and Natural Gas

44$ is the next big support, right now the trend is bearish but i am a bit afraid to sell at such a low price so i will either buy at 44 or sell on a jump up fundamentally i can not give you information because i haven't red anything the last 3-4 ...

Oil and Natural Gas

I am very eager to try to short here but i don't know, maybe it is better to wait to see which way it will go, trend is still bearish tho

Oil and Natural Gas