Here's the oil prediction...
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjE05n-hsP9bi2OgBVap1jt8m0810la7r6dit8zCgb2a_OjpHVWgmVPt8480wGI_4MTqU9184ax__cUtnW9mj95gryxOZ9e-_GC98y8p1Sbyg5LnUCcauS20E0TB-hgTwPCVFGj9BZg4jo/s400/oil.jpg)
Here's what happened... turning point i estimated around the white circle. It went slightly above bouncing off resistance from previous highs. I'm expecting weaker demand and oil to fall from here.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEinDf2hEGBCVrsh7FsS4fwh4sajWLfxXsAch-J9Ha8ZJzajXw7Z3mr5nPg0Rg-xfb9Ew-Ys2w3otbtiDjDE2amOPvMGnipQRqfu0tTDxTk4wYWj1Xo1KGjlOKHGLj9AFOh9BGwQBAOcxyU/s400/updated+oil.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh2biW3KsJV4LaEJ_ucIoJzbh2C50EVJ43kNy3IumGSzbP5uVVblo-ABbLE6cqIAlAc-op_OQbCAiXNb8l0z1p_hgC2-QXQ3D1WKfc2K4Kvg-3qMcABEKmGk_TBl_Q_gMgZZ1S9Gsz0ELg/s400/gld.jpg)
Gold fell just short of my target but continued down sharply like i was expecting... I am still very bearish with gold in the short-intermediate time-frame
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDLIr6TnZEZvyu_cvnAMB7MvwzpdSqrDNLCCIj2YEfUpSeGiomLT37yXVo69Yw0MkxK52VQskyKNX2IYE05wvLzB8NZqQ2gveiLsv5gwGlNLiYv5gm9LHB4GXwP5yS_01tZ2FGDAziiOA/s400/new+gold.jpg)
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