- Apple Weekly chart shows price staying above the daily range.
- Next resistance in weekly chart is at 78.6% Fib level which is at 637
- Monthly chart too shows the upper bollinger band around the same level as 78.6% Fib so this level may act as resistance confluence.
- Crude oil daily chart shows price nearing the crucial resistance zone near 105 levels. Two chances here either a Triple top or a breakout towards 108-110 levels.
- Weakness only if price starts to trade below 103 levels.
- A consolidation range at the resistance zone may also give hope for Crude oil bears for a possible reversal.
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GOLD TRIANGLE UPDATE
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