Crude Oil Near 50% Retracement Level, Gold Highs a Self-Fulfilling Prophecy
Crude oil volatility is declining as prices consolidate near the 50% retracement level. Upside and downside risks are largely balanced. Gold may approach $1300 on a break of resistance.
Invest2forex.com accepts no liability whatsoever for any direct, indirect or consequential loss arising from the use of this report or its content. Any forecasts are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation. This report is not to be construed as providing investment services in any jurisdiction where the provision of such services would be illegal. Nothing herein shall be construed as a recommendation to buy or sell any financial instrument or security. This communication prepared by leading forex broker is for information purposes only. Investors should also consider this report as only a single factor in making their decision to make currency investment.