Of oil and gold

Posted: August 2, 2016 in Uncategorized

Oil is returning in a Bear market with target in the early $30s.

I was never convinced by this rally as a lot of data were fake (the oil companies where using off shore tankers as hidden deposits)…so it is simply does what should have done (over $42 for me was untouchable)

Gold, gold is consolidating, but the fact it did not even reach $1,300 confirms the strong uptrend. Technically as an objective of $1,550, once it breaks 1,400


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