Gold is looking as though it has a breakout in its future. Looking for one final small bounce followed by a breakout and surge to around 1370.
EURUSD is currently returning to a trend line that has been in play for several days now. Waiting for a breakout below the short term stop. USD is strong following rate hike and still has a ways to go. Waiting for temporary upturn to pass before entering short.
Oil has reached a price ceiling and will have to come crashing back down shortly. It is out of the bollinger bands and several other indicators show that a price adjustment is necessary. Stop losses of around 49.50. Should see this pan out over the next few days.
In the last few months, gold seems to be following a channel. Patterns in wave theory points to another downwards turn in the market. Looking to buy in around 1315 and sell around 1440. Midlength trade, hoping to close by the end of October.