WTI Light Crude Oil
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WTI - This Might Get Ugly For The Bulls

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A very bearish scenario is looming for the WTI: After the price was rejected on October 7, 2024 at the 61.8 retracement level of the downward movement between April and September 2024, there is now a threat of a price slide well below the USD 60 mark according to the Fibonacci analysis.

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