Crude Oil prices are likely to extend gains towards USD 65 to 71 by holding above USD 50.50 ahead of turning lower towards USD 47 in coming 3 to 5 months.
註釋
s3.amazonaws.com/tradingview/snapshots/p/p0cpuyYe.pngCrude Oil prices are unfolding within a flat corrective structure which is now in its Wave "b" minute wave. Hence, prices are likely to hold above 55.75 on further pullback and extend gains towards 58.70/59 levels ahead of turning lower. A sustained break above the recent high of 59 shall mark that the short term correction was completed at 55.75 and prices will be heading higher in coming weeks.
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