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NIAL FULLER Nial Fuller
Professional Trader, Author & Coach

Trade Ideas: GOLD & CRUDE OIL – Dec 1st, 2021

Note On Charts: It’s important you are trading with a broker that offers True 5 Day New York Close Charts.

Note On Brokers & Charts: Download our Preferred Broker Platform with New York Close Charts Here.

GOLD – SPOT

Price Action: Bearish Pin Bar recently and Bearish Fakey Setup triggered lower recently.

Comments: Lower lowers and a recent close below $1808 support area, along with the 2 successive bearish upper tails, together suggest strong short term sell pressure.

Idea: Considering selling on a retracement at or around the $1808 resistance area.

NOTE – You can trade Spot GOLD via the trading platform we use HERE.

CRUDE OIL – FUTURES

Price Action: No price action signals worth noting.

Comments: Major crash in prices recently found support just above $61.66 major long term support level.

Idea: Considering buying on a retracement to around $61.66 to $65.30 support area (ideally closer to $61.66 major level area), and / or after a price action signal to confirm an entry.

NOTE – You can trade Crude Oil futures via the trading platform we use HERE.

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Chart Commentary Disclaimer: Nial Fuller’s and Learn To Trade The Market’s analysis and comments below should not be considered financial advice or a recommendation to trade or invest in any financial product. Your personal financial circumstances and risk limits have not been taken into consideration in the below analysis and comments. This newsletter is for general educational purposes only. Do not blindly buy and sell the financial products discussed in this newsletter. Always do your own analysis and research and be expressly aware of the risks and rewards in trading or investing in any financial product.

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Nial Fuller

About Nial Fuller

is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
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  1. Eduardo Zuñiga

    Dear Nial, I have been reading your course and I want to say thanks you so much for share your ideas and give us advices.

    Merry Christmas and Happy New Year.

    Eduardo Zúñiga
    Chile

    Reply
  2. mamun

    thanks for share.

    Reply

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