USOIL:Sharing of the Trading Strategy for Next Week

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The U.S. strike on Iranian nuclear facilities Saturday may trigger an instinctive reaction in global markets upon reopening, pushing oil prices higher and sparking a safe-haven rush. Technicals show oil has broken above previous highs while holding above prior lows, forming a volatile rebound with persistent bullish momentum. The key focus next week is whether oil can sustain its upward breakout.
Overall, crude oil remains range-bound at elevated levels, with $76 resistance overhead and $72 support below.

Trading Strategy for Next Week:
Prioritize long positions on pullbacks.
buy@72-73
TP:75-76


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