top of page

Is the 💵Dollar about to SKYROCKET🚀?

Based on the Commitments of Traders data reported on: December 7th 2021

#GOLD Weekly chart continues to range and the bottom line is we need a weekly uptrend to form to enter long otherwise we wait. On the other hand monthly chart shows evidence that demand might break and cause a drop lower.

On the 3 month chart, we have always mentioned how we had a 3 month bearish engulf that

was formed and that we should keep an eye on that. Why? Because bearish engulfs typically signal a bearish move until a demand is contacted and with this chart only a switch zone was contacted.

#OIL Monthly chart is in play right now. The zone was previously tested and now on the second test we are seeing a nice move from the zone.

$EURUSD Weekly supply came into play and the move lower we expected took place. The weekly resistance target at 1.1302 has been hit.

#USD The weekly demand came into play and pushed price upwards as we had suspected. Targets hit and now we have major supply in play.

🚨🏆 Win a FREE month tuition paid by us by following us on Twitter @WhiteOakFX and Retweet our links and SHARE our YouTube videos to continue getting them for FREE!

👇📺🚨 Watch a PREVIEW of what students receive 🚨📺👇



bottom of page