Based on my technical analysis, in the beginning of this month ( October ) price had broke the bullish trend line that was formed since June 2022 up until September 2023. I predict that we will see oil reach as low as $63.
Note
price currently at $72. oil been dropping since october.
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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.