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Crude Oil Update – 06/16/26
The 06/13/26 blog “Crude Oil Trendline Watch – June 2026” illustrated that a break below 80.00 could be a signal for a move down to 55.00. The daily Crude Oil chart (CL2!) courtesy of Trading View updates the action. On 06/15/26 the rising trendline was broken. On 06/16/26 Crude Oil went below important support at…
Gold Update – 06/15/26
This website prior blog had noted Gold in U.S. dollars could reach Fibonacci resistance at 4,363.52. Today 06/15/26 Gold’s high was 4,369.48. The four – hour Gold chart courtesy of Trading View updates the action. When using Fibonacci analysis two or more Fibonacci coordinates increase the chances of a potential support/resistance zone. The 06/14/26 blog…
Could Gold be in the Middle of a Bear Market?
From late 2025 to early 2026 both Gold and Silver were in spectacular bull markets. From October 2025 to January 2026 Gold climbed 44.5%, Silver climbed 168.7%! The 02/01/26 blog “Silver Crash – January 2026” noted that silver probably made a bull market peak on 01/29/26. Gold peaked on the same day. Since then, both…
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