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Is Crude Oil related to Geopolitics?
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Today we have a message from: Money
Gold hits new peak as the Fed cut rates
Following a bold 50 basis point rate cut by the US Federal Reserve, spot gold reached a peak of 2,687 per troy ounce. Experts predict that this bullish trend for the precious yellow metal may continue, so it may be smart to get in now before prices keep climbing.*
*The information provided in this email is for educational purposes only and is not intended as investment advice.
Crude Oil (CL)
On 8 September 8, we posted in the premium newsletter about the expected bounce in CL, potentially bottoming in the 18M cycle
Then:
Now, the daily and weekly cycles suggest an upside bias into 2025, then a correction into April-May of 2025.
The weekly cycles suggest an upward bias into 2027, with corrections along the way, which should be buyable. But we do not need to worry about the details now as we will update CL regularly in the premium content.
Consider following me on X (former Twitter) in addition to the newsletter, as I often post valuable information there in real time between the newsletters.
For example, on Sunday evening, I posted a short opportunity in USDJPY in real time for Forex players.
Do You #Forex?
How do you like this opportunity in #USDJPY?
$Forex $USDJPY #Yen#USD#Dollar— BraVoCycles Newsletter (@BraVoCycles)
12:25 AM • Oct 7, 2024
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