- Something to consider
- A return to previous levels
- Gap to be filled at $69.965 on MT4
- Elliot Wave Projections
- 64.142
- 68.302
News
🛢️ Oil Situation Right Now
Oil prices are rising for the week.
Main reasons:
U.S. added fresh sanctions on Iran → tighter oil supply fears.
OPEC members are cutting production → reduces global supply.
⚡ Bottom Line:
Less oil available globally → prices up.
Sanctions + OPEC cuts = Bullish for oil short-term.
Lets See : )
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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.