Oil could retest its all time high by the end of 2022..!

The tension at the Russia - Ukraine could push prices higher..!

If the current trend continues, Oil will retest its previous all-time high by the end of 2022..!

Taking a position against oil doesn't sound a smart move as long as escalation continues!

*This is a monthly chart..!


You can see the most important support(green line) and resistance (red line) levels.

Best,
Moshkelgosha

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