Crude Oil in Rise - Awaits Data

owais

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Due to little strength in Dollar.
Crude oil however is rising.
We could see Gold to be playing in tight ranges

We have few datas coming in today for Crude.
If its unfavourable, We could see a little drop in crude oil price, However crude oil is trading at its resistance level.

If Crude oil price follow a push down, we could see a little technical correction in Gold, Gold currently is at Short term Support (not solid Support) - 646/647 crossing that would take it to 639/641 level
 
With Chris threading his way towards the gulf nobody is gonna want to hold shorts over the weekend.
 
twalker said:
With Chris threading his way towards the gulf nobody is gonna want to hold shorts over the weekend.

Thats true, and due to GeoPolitical Tensison, we shall see Crude Oil prices Sky Rocking.

As our Company Colleagues at the trading floor, passed us on some rumours going on the market.
One of the trader mentioned "We are really tired of this Lebanon Crisis, we see Oil to sky up, but profit taking would emerge soon"

However, Crude Oil currently is at Resistance levels.
A Quick Ups and Downs Emerging

Main Activity of such Push
Chris Hurricane - MAIN
GeoPolitical Tensions. - MAIN
Dollar Weakness
 
so whats the 'Company' owais, and what are you selling? You weblink just looks like a bog standard blog (in every sense)
 
Hye Jimbo,
We are Analysis Firm, Yes We have Setup a Blog for Providing Immidiate Analysis to our Clients.
However our New Website is coming in to launch, and we shall Advice you.

We have been succesffully providing Analysis to numerous traders, investors, And Different insitutions.
We are in Partnership with Different Brokerage Firms, to whose clients we provide Analysis.
We have Successfull Partnership with Top Rated Financial Firms and Banks, which gives us a Broad Prespective.
We have Partners in Various Exchanges, which gives us INSIGHT of whats happening , the rumours, the talks at the trading floor, and all.

We always look to establish friendly relationship with our clients.

Thank you
 
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