Oil Jumps $6 on US-Russia Tensions, Sliding Dollar- AP
Oil prices shot up $6 a barrel Thursday, rising to the highest level in over two weeks as escalating tensions with Russia stoked fears of a disruption of energy shipments to Western countries.
I see this..see action.....this can reverse as quickly if not based on SOLID fundamentals not just FEAR....WAS DUE...now we have again to see where it settles END of month....end of next week
In reality we have world economies and CREDIT CONTRACTING, not perfect gold set up IMHO.....action into next week and will be telling....ST pop has been quick and nice, but my hunch is counter trend move but we are close to seeing if move is for real.
I had dollar hitting resistance as well......nice setup
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