As the diagram shows the Brent is under pressure despite all the other factors that it usually effect and support the bull market , the market choose to ignore those signals (like geopolitical factors, and production shortage ,,,, etc.)
my opinion that behind scene there are bigger news not yet to be reviled.
In more possibale scenario is Brent will find resistance on 75.20 or less but in case it pass the 76.00 level we are going to see 78 or even 79.
my opinion that behind scene there are bigger news not yet to be reviled.
In more possibale scenario is Brent will find resistance on 75.20 or less but in case it pass the 76.00 level we are going to see 78 or even 79.
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