GOLD
Gold is in consolidation after last bearish wave below Tenkan-sen 1076.28. Support is set by (8/8)P 1062.50 line which covers support line set by lows from December 2014. Next levels are created by another Murrey lines 1046.88 and 1031.25. Break above Tenkan-sen could be first signal of setting local low on gold.
DAX
On DAX we can see strong bullish trend and another Murrey lines are broken. Today price is above (8/8)P 11,250 pts which is first support, next one is at Tenkan-sen 11,073.80. Resistance is at (+1/8)P 11,562.50.
WTI
Price is in consolidation after setting low on (2/8)P 40.63 line. Tenkan-sen 42.14 is now support and decrease below this level will generate another sell signal. Resistance is Kumo bottom and Kijun-sen 44.74. Between Tenkan-sen 42.14 and Senkou Span B 45.97 there is side trend. Break above last resistance will be a sign of potential growths to (8/8)P 50.00. On December 4th there is annual OPEC meeting, where there will be decision about oil production what should indicate some moves for the next few weeks.
