Crude and Gold

I think it's not a great risk reward to buy this strength in crude at this time of day; later perhaps but not now. I would be patient and look for 46.80. It's arguably a sell above 47.80 with a stop above yesterday's highs of 48.83 and a target of 46.80.

Gold looks weak and can be sold for a day trade around 911-916. I think gold can trade under 890.

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