CFDs on WTI Crude Oil
Long

USOIL WTI: Bullish Trend Analysis

Hello my fellow traders. what do you think about Gold today.
Current Price: 71.00
Date: 6 February 2025

Market is working under the range of 73.00 to 71.00. right now market is testing the lower areas but if market respect the range and does not gives the bearish breakout then Crude Oil's price will increase to 73.00 and if market gives a bullish breakout and breaks the range then its next target will be 75.00. Currently market is showing support and rejecting the breakout. In my opinion market is buy and the perfect entry for buy would be 71.00.

Remember market is moving under the range and if market gives the bearish breakout then market can drop and if it gives bullish breakout then its target will be 75.00.

Our Kye Points Areas:
Support Level: 71.00, 70.00
Resistance Level: 73.00, 75.00
End Target: 75.00

Remember this analysis is not for trading its just an opinion.
Kindly like and comment and support me. Thanks for your time

Disclaimer