Also of note is the previously mentioned target level of 1453.50 in gold used as an exit in my previous trade. It has now become a very strong support level again and will be watched closely over the next few weeks along with 1444.50 and 1423.50
Thursday 14 April 2011
Crude Oil Update
Just a quick update on the crude setup I gave yesterday- the first target has been hit at 107.85 for a nice winner of over 100 ticks. Second target of the 108.75 area is still in play and we will see if the price gets there.
Also of note is the previously mentioned target level of 1453.50 in gold used as an exit in my previous trade. It has now become a very strong support level again and will be watched closely over the next few weeks along with 1444.50 and 1423.50
Also of note is the previously mentioned target level of 1453.50 in gold used as an exit in my previous trade. It has now become a very strong support level again and will be watched closely over the next few weeks along with 1444.50 and 1423.50
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