sujithsstorock
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this is deadly risk. just a support call.
risky buy gold at 880 % with stoploss 978.5 $ small risk. tgts 983-85-88 $
SELL EURO around 1.5508 TGT-1.5430/1.5380 stoploss-1.5528.
So if the oil inventory report is a high [positive] number then we would expect the price to fall right?
There another trick, report high expected fall in supply then lower fall is good news and price fallsinventory refers to stock of crude oil. If its positive that means stocks are high and supply is sufficient.Thus prices should fall. Thats theory !.