USOIL: Will oil prices continue to fall? Can I buy it?

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Dear trader friends, are you still curious whether you can buy USOIL or continue to short USOIL? Listen to Jack's opinion.


USOIL: With the decline of last week's news, the restrictions on the export of oil from Iraq, a major oil country, have led to an increase in market demand, which has led to a rise in short-term oil prices. The news has not been released, and Trump has not continued to mention this matter. Oil is a short-term strategic reserve resource. When the demand in the market rises. Then the rise in oil prices is just a matter of time. In the short term, we need to pay attention to whether the oil price of 67.5-68 can be stable. In terms of trading, it is still mainly buying at low levels.


Personal thoughts, for reference only. If you follow my signals or refer to my suggestions, remember to pay attention to the real-time notifications within the analysis circle. Convenient for subsequent operations or closing positions.

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