Crude oil and Gold made extended stop hunt for week end - what next?
Crude oil and Gold made extended upward stop hunt for week end before the slide expected in this week.
Operators are expected to hold high for week beginning and then slide in coming week unassumingly Crude oil and Gold.there might be different attributes for the slide but operators have booked profit in their long positions by rising the market quickly and build shorts at higher levels inducing the traders to make short covering of their lower level shorts.Now they will allow the market to slide for them to buy at lower levels against their sell positions.
Watch and understand that market means swings and the sentiments continue to change with different attributes.
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Regards
Dr.Sivaraman
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