Crude and Gold
11/11/2009 9:44 am EST
Crude oil has been consolidating for almost three weeks, but the OBV made new highs last week. An upside breakout is expected with targets at $85-$87. Gold continues to push higher and the OBV is confirming the price action. At the upper channel now, so a pullback is possible, but we still have targets at $1140-$1180.