Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
In July, we called on our readers to long Brent crude at the then current rate of $74.3 per barrel, with a target of $95 per barrel citing Middle East tensions, https://www.econotimes.com/FxWirePro-Long-Brent-targeting-95-per-barrel-as-geopolitical-tensions-intensify-in-Middle-East-1409049
Since that call, Brent has been struggling to keep its head high and currently trading at $71 per barrel area. While the stop-loss still remains far and we are not scrapping the bullish outlook; we would like to call on the readers to exit the buy call for the time being at -$3.3 per barrel loss as we suspect that Brent might aim for a deeper correction and hit the stop loss around $66 area.
Our latest calculations suggest that the possibility is high that the price of Brent would decline further to $67 area before bouncing back and then aim deeper towards $63 area and finally to $60 area.
The bearish fundamentals, such as the possibility of a Middle East truce, weaker demand from China and India due to a respective slowdown in the economies, higher production in Saudi Arabia, Russia, Iraq, UAE are not very strong yet but gaining momentum along with a stronger dollar.
The longer-term trend is still a buy, and we would urge readers to wait for the opportune moment to enter positions.
