'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Tuesday, August 27, 2013

Overnight Crude and Gold Trade Setup

The commodities made a nice run in the overnight session due to concern in Syria. Both the Crude and the Gold made a stunning move upwards. The Gold formed a shallow cup with a handle, while the Crude went up all the way to the hill and still climbing as of this posting. Seems it won't stop going up till the war breaks out.