Oil Price is on the Rise
Good day,
Having updated the historical maximum, the price of the US stock index S&P500 is trying to correct. The asset didn’t manage to break the level of 3959, facing resistance instead. The index might potentially target the level of 3665 and gain the required support.
Gold is slowly approaching the downtrend, therefore it might still drop. Let’s wait and see how low it might go.
Having broken psychological resistance at the level of 60.00 and the weekly downtrend, oil is about to pull back and test the broken lines. So, the asset’s price might pull from the broken level of 60 soon.
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