In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see that Oil and Gold are pushing higher again.
Firstly, we will look at the USOIL markets. With OPEC meeting later this week, the last announcement regarding supply cuts only helped support the price of oil. It will be interesting to see where OPEC goes from here. From a trading perspective, we would expect prices to continue higher above yesterday’s high of 64.43.
The other market is the GOLD market. We have seen yesterday’s push above 1294.31 which proved a great intraday trade for us. Now, we expect to do the same but only if prices break above yesterday’s high of 1303.63.
Oil and Gold Are Pushing Higher Again – Full Video Analysis
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