XTI/USD
Speculators worked out the threat of sanctions against RF a month ago. Potential shortage of supply has so far been compensated by fresh volumes from the strategic reserves of IEA countries. Technical correction is over, and in the absence of strong positive drivers, the price may again make new lows. Aggressive pressure from sellers is not observed, there are no new volumes for active purchases either. We are waiting for new fundamental factors.
Speculators worked out the threat of sanctions against RF a month ago. Potential shortage of supply has so far been compensated by fresh volumes from the strategic reserves of IEA countries. Technical correction is over, and in the absence of strong positive drivers, the price may again make new lows. Aggressive pressure from sellers is not observed, there are no new volumes for active purchases either. We are waiting for new fundamental factors.
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.