Russian Ruble Remains Flat, Gold Trying to Jump
Good day,
The Russian ruble stays still even though oil and gas prices are heading up. The Russian currency might drop till the supporting zone formed between the levels 71.50 and 72.00, and then only pull back and jump.
Having tested the level of 1751.10, gold is trying to jump. In principle, oil might even target the level of 1830.00 so it would be wise to wait and see what is going to happen next.
Oil is trying to form a bearish engulfing and drop. The asset might potentially target the level of 77.82, which got broken earlier although the asset might go below this level. So, let’s check the price movements next to this level.
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