OIL poised to go higher
Due to increasing geopolitical tension in the Middle East region, I believe that price oil will go higher in the following days (especially if tensions between Iran and the USA continue to escalate.
Apart from geopolitical situation, price also bounced from fibonacci level.
Apart from geopolitical situation, price also bounced from fibonacci level.
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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.