comex report with TA and Fa

1. Date: 11th
Jan, 2019
DAILY COMEX
OUTLOOK
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2. Date: 11th
Jan, 2019
Chart - XAUUSD Outlook
Gold/XAUUSD is showing some fatigue at
higher levels it is facing resistance at 61.8%
retracement level of previous swing on a
daily charts we feel like it will give some
gains back till 1275 levels and there is a
strong resistance at 1300 odd levels hence it
is advised to either wait for the breakout
above 1300 levels or sell keeping a sl of
1299
Major Support is at 1282.70 Resistance at
1300.90
Chart - Brent Crude oilOutlook
Brent Crude Oil after almost falling 40% in a
3 month time showing some strength or we
can say seeing some retracement it is
expected it to test Fibonacci retracement
level of 38.2% placed at 64.18. This level
was tested a month back when it is trying to
sustain around 60 odd levels but failed to do
so, Hence it is advised to hold position till
64.18 levels, All momentum indicators was
coming out of oversold zone.
Major resistance 62.10 and support 60.25
GOLD
CRUDE OIL

3. Date: 11th
Jan, 2019
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