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There must be a comprehensive text, but I'm too lazy to write it.
There must be a comprehensive text, but I'm too lazy to write it.
48.61 - good opportunity to sell
There must be a comprehensive text, but I'm too lazy to write it.
There must be a comprehensive text, but I'm too lazy to write it.
There must be a comprehensive text, but I'm too lazy to write it.
There must be a comprehensive text, but I'm too lazy to write it.
There must be a comprehensive text, but I'm too lazy to write it.
Risk aversion encourage price of yellow metal. Sharp rally started at mid January may be regarded as third wave. However, such a strong move may cause "failure" fifth wave, which does not move beyond the end of the third.
Warning! If initiate a long position, you need to wait some confirmation.
The next few days Crude Oil may perform a good correction based on rumors of production cut. But overall trend is still bearish. Around 39$ sellers may come into play. Although, in my opinion bottom is near. I'll be following Brent chart, because there technical picture more clear than WTI. Share your thoughts about WTI.
Despite the panic sentiment on equity market DAX has possibility to rebound