Oil slide again to bear market. We should see $30 again. Technically and fundamentally oil running through very bad era. Only new US govt can influence on Saudi. So we have to wait for US election to see a recovery in oil market.
The buyer's sentiment in oil market is about 88% which is much higher than gold and equivalent to silver :) This means here are fresh young buyers in the market. Smart money may drive the price action against buyers sentiment. Always trade with protection in this highly volatile market. Have green Pips