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Gold, once again dropped to the middle balance prize of the range 1336-1358 . For this market the picture is still the same. Exit from the consolidation is delayed. Inside channel trading with short stops is preferable.

19 aug gold F


Oil prices continued to rise yesterday and got closer to the key resistance level $51.01. In case of breakdown and consolidation above that level, the bulls can continue moving to the north, towards the key resistance level of 53.53.

Alternative option. In the case of oil rebound from the $51.01, we can expect a downward movement back to support zone of $48.01.

19 aug Brent F

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