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Crude Oil Futures
Short

#CRUDEOIL UPDATE 📆 3rd NOVEMBER

232

Resistance: 6900, 7080
Support: 6750

Moving towards support 6750

BMI suggests that prices are fluctuating due to the conflict-related supply risks and concerns about a slowing global economy impacting demand.
There's ongoing worry that Iranian oil output could face sanctions, potentially reducing supply in an already tight market.
Shalvisharma5
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Chart PatternsHarmonic PatternsTrend Analysis

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Chart PatternsHarmonic PatternsTrend Analysis
Shalvisharma5
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.