Gold, oil and S&P500 this week

S&P500

Monthly chart: we still wait when the index will reverse to correction. Marginal area is represented by the upper Bollinger band (2197.7).
Gold, oil and S&P500 this week
Weekly chart: a local flat corridor within the range 2007.8-2150.2
Gold, oil and S&P500 this week
Day chart: even a better shaped flat area 2078.7-2142.6
Gold, oil and S&P500 this week
Expectations: flat position within the range 2078.7-2142.6
Trading decisions:
1) Trading in both sides within the channel 2078.7-2142.6
“Brent” oil
Monthly chart: To be based on general bearish scenario, bears could be more persuasive. But meanwhile Southern scenario is not broken, we wait 48 USD per barrel in the middle run.
Gold, oil and S&P500 this week
Weekly chart: Here bulls claim for reversal. For that, a new High has to be reached. Until it is reached, decline continues.
Gold, oil and S&P500 this week
Day chart: key resistance is based at 68.98. Any movement above means that bullish potential starts to work here and threat of failure of a Southern scenario.
Gold, oil and S&P500 this week
Expectations: Until Brent is traded below 68.98, we wait for decline down to 48.00 in the middle term. If there is a break above 67.00, a new Northern impulse may occur.
Trading decisions:
1) We keep sales open to 48.00
Gold
Monthly chart: Flat structure is still here.
Gold, oil and S&P500 this week
Weekly chart: Gold in the bottom envelope with support at 1144.62
 
Gold, oil and S&P500 this week
Day chart: a bullish pin has been received but place of emergence is controversial. Nevertheless, we are based from the possibility of growth to upper Bollinger band 1226.24
Gold, oil and S&P500 this week
Expectations: Growth to 1224.26
Trading decisions:
1)We buy to 1224.26
Check the website for more information: https://freshforex.com/analitics/fresh-forecast/potencial/week_827.html

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About the Author
"FreshForex" company started to work on the foreign exchange market in 2004. Today, "FreshForex" is one of top forex brokers on the market of Internet forex service. Continuous improvement of trading conditions, release of popular financial instruments, a tender approach to each client - all this ensures rapid development of our Forex broker and "FreshForex" brand in the community of traders. For more information visit our website at www.freshforex.com

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