Brent Oil Analyst Forecast 8/8/24

Hi All,

Sharing my daily forecast for Brent, based on the technical, brent is more bullish now and has the potential to hit 78.7 and 79.2 when there is buying volume in the market.

When not, price will retract to 77.5 and when the sells are strong we can see price also hit 77. I have ghosted in candles as an illustration of where the price may go.
Chart PatternsTechnical IndicatorsTrend Analysis

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