Yesterday was do or die day for stocks and commodities to breakout but they failed once again at resistance.
The US Dollar in overnight trading has made a strong move up and that is putting pressure on stocks and commodities.

Gold touched a key resistance level yesterday as expected and sellers quickly sold it back down along with silver.
Crude Oil continues to pullback to our target of $88 per barrel.
We continue to let the market work it's self out before taking anymore action.

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By Chris Vermeulen

Chris@TheGoldAndOilGuy.com

Please visit my website for more information. http://www.TheGoldAndOilGuy.com

Chris Vermeulen is Founder of the popular trading site TheGoldAndOilGuy.com. There he shares his highly successful, low-risk trading method. For 6 years Chris has been a leader in teaching others to skillfully trade in gold, oil, and silver in both bull and bear markets. Subscribers to his service depend on Chris' uniquely consistent investment opportunities that carry exceptionally low risk and high return.

This article is intended solely for information purposes. The opinions are those of the author only. Please conduct further research and consult your financial advisor before making any investment/trading decision. No responsibility can be accepted for losses that may result as a consequence of trading on the basis of this analysis.

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