Oil looks to turn bullish as we have two failed attempts to break the demand area and for price to fall down, XAU and USOIL share a 80% correlation and XAU looking strong we can look to buy USOIL and aim higher as my two trade examples show. Enjoy the week!
Fundamentals
Now is the best time to buy Australia's stock market index, as Australian companies exporting commodities to the rest of the world during the recent commodity boom, is pushing up the share prices of the biggest mining companies within the country and pushing up the index!!!
Mining companies are seeing their share prices rise due to the booming...
