Today I looked at these main indexes weekly volatility forecast and offered my insights:

1.OIL Weekly Volatility Forecast

Currently ourvolatility for OIL is at 6.6%, increasing from 4.7% last week, located on 100th percentile, placing us in a THE HIGHEST volatility environment

Based on the previous calculations, there is currently a 15.5% chance that the asset is going to break the channel(the weekly candle it will close above/below)

TOP 83

BOT 75.5

At the same time, based on the previous calculations:

- There is a 30% chance that the previous high from last week of 86.6 is going to be touched

- There is a 70% chance that the previous low from last week 78.02 is going to be touched(at the moment of the writing was already touched)

We can deduct that we have a much higher probability to have a continuation ofbearishcandle thanbullish.

On average the weekly candle when the asset was located around this percentile are 4.5% for bull candles and 5.1% for the bear candles from the opening price.

From the fundamental point of view, news that can affect this asset price this week:

- Core Durable release,CBConsumer confidence and Powell Speech for Tuesday 27 Sep

- Powell Speech for Wednesday 28 Sep

- US GDP coming on Thursday 29 Sep

Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.

2.GOLD Weekly Volatility Forecast

Currently ourvolatility for GOLD is at 2.54%, increasing from 1.64% last week, located on 90th percentile, placing us in a very high volatility environment

Based on the previous calculations, there is currently a 28.6% chance that the asset is going to break the channel(the weekly candle it will close above/below)

TOP 1670

BOT 1616

At the same time, based on the previous calculations:

- There is a 30% chance that the previous high from last week of 1688 is going to be touched

- There is a 70% chance that the previous low from last week 1641 is going to be touched(at the moment of the writing was already touched)

We can deduct that we have a much higher probability to have a continuation ofbearishcandle thanbullish.

On average the weekly candle when the asset was located around this percentile are 1.4% for bull candles and 1.8% for the bear candles from the opening price.

From the fundamental point of view, news that can affect this asset price this week:

- Core Durable release,CBConsumer confidence and Powell Speech for Tuesday 27 Sep

- Powell Speech for Wednesday 28 Sep

- US GDP coming on Thursday 29 Sep

Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.