Oil is bullish and continues
Oil is bullish and we should see a continuation to the upside. the 78.6-88.6 zone is where we expect the price to bounce.To get more news about WikiFX, you can visit wikifx.com official website.
A bounce off the zone is supported by a trendline and the W L3 camarilla pivot. We should see an extension to the upside and possible move towards D H5 71.86. This looks like a bullish continuation move and a close above 70.50 could make a direct bounce to the TP. Buying the dips is a good option.
There is perhaps no other asset class that is as valued and recognized the world over as physical gold. This makes gold, many would argue, the only true form of money left on the planet.
Paper money has shown time and time again that it tends to fail with the passage of time, and the U.S. dollar should be no different. The current downtrend in our fiat currency would seemingly point to an eventual worthless status.
Gold is a physical asset that can be felt and put into your hand. The value of a gold bullion coin is derived almost entirely from its intrinsic metal content rather than a promise to pay or other features.
When you buy gold bullion, you know what you are getting and what it is valued at. You know that gold can be exchanged or traded anywhere in the world for other assets, paper money, or tangible goods. Gold is also a highly liquid market, making it simple and convenient to sell your gold at any time to dealers or other investors.
As the United States and other developed countries enter what could be a very dangerous financial period, now is the time to think about your future and to protect your wealth.