RE: Crude Oil March 28/19

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Crude Oil March 28/19

in money •  7 years ago 

It's too early to tell but it will be interesting to see how much liquidity it has as time goes on. Looking at the weekly chart gold is not in a clear trend at the moment and I don't see the petro-yuan changing that right away.

money
7 years ago by

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      ·  7 years ago 

    I see that it's down again. It was just coincidence that gold had jumped the same day as the petro-yuan went live.

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      ·  7 years ago 

    Gold needs to break out above the 1400 level convincingly before I could start getting excited for a bullish scenario. It's just been a dog for so long. So many false breakouts etc.

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