Dear mates of the forum today again I am going to share with you my analysis of the oil and gold.
These both assets are my favorite assets and I like to make analysis on these maximum times.
In previous some days oil makes a strong bullish trend movement and now it's tradings near about 63.25$ per barrel price.
In all small time frames below then daily time frame are giving us strong bullish trend movement signals but when we see this asset in weekly time frame we can see now it's reached at its strong resistance level of daily and weekly time frame and from here it can falls down sides of the prices falls down sides from here then prices will touch the level of 51$ to 53$ per barrel rate because the support near about 51$ per barrel price is a very strong support that will not permit the oil to falls more down side from that's level.
Here we have best selling oppurtunity in oil asset.
Analysis of the gold.
Now gold is Trading at 1792$ per ounce price and this level is a strong buying zone of the gold so here I will recommend to enter your trade of buy in yellow precious metal upto 1830 as per my knowledge and experience.