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EUROPA METALS LTD ORD NPV (DI), BOULD OPPORTUNITIES PLC ORD 0.01P, UNION JACK OIL PLC ORD 0.025P, VAST RESOURCES PLC ORD 0.1P, 88 ENERGY LIMITED ORD NPV (DI), PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI)
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Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Are we at pivot, or bull flag?
Triangle suggests one more pullback, and possibly even to range low of 42.80. But it looks like it will break 52 next year.
When I drew the tramlines and fib, they matched. I then noticed the gap between the 61.8% and 50% fibs. If you add in support and assume OPEC will agree cuts next week, then you have five pieces of evidence which point to the same thing.
Don't use these often, but this is the price/action of oil on the way down, mirrored