Bulls profit, market slowly rises

The Israeli-Palestinian conflict supported gains in oil prices, but mail will slowly rise until there is no further conflict. Crude oil was blocked at the 21-day moving average. Secondly, the International Energy Agency (IEA) said last week that oil prices have fallen recently from their highs in late September, reflecting declining demand, especially in the United States. These market conditions have restrained the sharp rise in crude oil.

However, conflicts in the Middle East will lead to a shortage in the crude oil market, which is also the biggest reason for the rise in crude oil.

The overall bullish target for crude oil is whether it can break through the 89 and 91 resistance levels

Сделка активна

Сделка активна

Сделка активна

Комментарий:

Both oil and gold will go up when Iran says so. Take a chance