Brent oil approached...from Kary_K

Brent oil approached the support level of 90.70. I failed the first time, but it is possible that there will be a repeat test. The level is quite serious and after its breakdown you can expect that quotes will drop to 89.

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For the past 24 weeks, BTC has not been able to break up from the 26000 level, nor break through it on strengthening sales. Recently, many factors have accumulated in the field of crypto-currencies, adding up to mass uncertainty. In addition, the factors hindering growth seem to be an order of magnitude larger. I have long been in anticipation of a rapid fall, which at some point will surely be followed by optimistic calls from every iron to buy crypto. This is my personal opinion, and I do not want to impose it on anyone, but the absence of past ups in the foreseeable future is becoming more and more clear to me.

Kary_K

Hello everyone! Bulls and bears seem to have agreed on gold. It would be more correct to say that we did not agree, but rather decided who would play the ball. The bulls tried several times, but they couldn’t do anything other than just reach. At the moment, we have a breakdown of the 1915 level and something similar to an attempt by the price to return to the broken level. My subjective opinion regarding further developments is that the decline will most likely continue. Personally, I will open a sale right below the last low in the area of 1907. For now, I plan to close the deal at the low of the end of June in the area of 1890.

Kary_K

And here is the fulfillment of the contract - the bears pressed and pushed through 1915. As one of my friends would say, “oh, this news - it always prevents me from making money.” CPI data came out as expected. Well, to be honest, this didn’t really clarify the fundamental background for me. I haven’t opened a position yet, I’m waiting for it to close on a large timeframe below the next low. And then, apparently, further down.

Kary_K