Gold weekly Review:
Trade recommendations:
As long as the commodity trades below the upper think resistive trend line, expect the commodity to trade in the low ranges. The anticipated short positions should have targets at 1222, 1183, and 1169. Only buy if the price clearly breakout above the immediate upper trendline.
Silver weekly Review:
Trade Recommendations:
Remain long but only up to 15.71. A break above this level will push the price further to the upper-side with the next ideal target at 16.37. However, a clear rebound from either 15.43 or 15.71 will push the price to the lowerside with a target at the lower supportive trendlineOil weekly Review:
Trade Recommendations:
Wait for a clear close above 41.96 to continue long with our ideal target 47.03. However, As long as the level 39.77 protects the price from breaking to the upperside, to look for short positions with your target at 34.32 and our next target at 28.86.