WTI- The ideal price to buy for 100 target

The month of September came with a very important break for WTI Oil, the rise above 85 figure, a price that kept WTI in a range since December last year.
As was usually the case, after the break, the price accelerated to the upside and to the next important 92.50-93.00 zone resistance.
Looking at the posted chart we can see that since July, the trend for Oil is strongly up and a continuation is to be expected.
At this moment, the price is in a correction and this drop could offer traders a good opportunity to join the trend at better prices.
Technically, the old congestion under 87 and above 85 (yellow square) should offer support and a good zone to buy.
A reversal from this zone and back to 93 could lead to a break above the recent high and in this case, the road is clear for a test of 100 important psychological level.
The structure is strongly bullish as long as the price is above the old resistance at 83

Bears in control: The ongoing battle for Gold for OANDA:XAUUSD

In yesterday’s post, I wrote that XauUsd is in no man’s land as long as the price stays between 1915 and 1930, and, although at the time of writing this is still the case, the recent price action gives us some hints for the future move.
As we can see from the chart, after the low at 1885, XauUsd reversed strongly and a rise to 1950 followed. However, after the correction to 1900, the price couldn’t manage to reach a new high and dropped again to the important 1915 zone. The new attempt from bulls was rejected twice in 1930 on Friday (BTW, this made me quit my long trade yesterday) and yesterday twice more.
All this suggests bears took total control and this will be the case as long as the price stays under 1930.
Technically, the 1910-1915 zone is confluence support, and for down acceleration, a break of this zone is needed.
In such an instance I expect a drop under 1900 to 1885 for the first leg down, but, in the medium term, a new drop under 1900 could lead to a test of major support at the 1850 zone.

EurAud with my 1.63 target in sight

In my 20 September post, I wrote that EurAud could correct further and eventually reach 1.63 important support zone.
Indeed, after a test of the indicated resistance at that moment, the pair dropped again to new support at 1.6450-1.6470 zone.
Yesterday the rally was met once again with selling power shy under 1.66 and now we are again at support.
All recent price action suggests down continuation and I expect a break under 1.6450 support.
In this case, my 1.63 target is the most obvious one and also the most probable.