Crude Oil Market Analysis:
Crude oil has rebounded over the past two days, with the daily chart closing in a doji pattern for two consecutive days. This rebound presents another opportunity to sell. Our outlook for crude oil remains bearish, and we continue to monitor resistance at 64.00 and 65.00. Both levels present selling opportunities, and the daily chart is unlikely to change its selling pattern in the short term.
Fundamental Analysis:
The recent positive developments in the Russia-Ukraine situation are weighing on gold. The Federal Reserve's monetary policy, in line with market expectations, is also weighing on gold. Fundamentals suggest that neither is very bullish for gold.
Trading Recommendations:
Crude oil: Sell around 64.00, target 62.00-60.00.
Crude oil has rebounded over the past two days, with the daily chart closing in a doji pattern for two consecutive days. This rebound presents another opportunity to sell. Our outlook for crude oil remains bearish, and we continue to monitor resistance at 64.00 and 65.00. Both levels present selling opportunities, and the daily chart is unlikely to change its selling pattern in the short term.
Fundamental Analysis:
The recent positive developments in the Russia-Ukraine situation are weighing on gold. The Federal Reserve's monetary policy, in line with market expectations, is also weighing on gold. Fundamentals suggest that neither is very bullish for gold.
Trading Recommendations:
Crude oil: Sell around 64.00, target 62.00-60.00.
Trade active
Many friends lost a lot of money in this market today, but my fans made huge profits with my help. This is how the market works. Some people lose money while others make money. If you don't have professional trading knowledge and skills, it will be very difficult for you to make stable profits in this market. But you can follow me. I will share real-time trading signals every day to help you make profits.
Professional and scientific market analysis can help us achieve stable profits. Therefore, I will share some professional market analysis of different products from time to time every day, hoping to help you make profits.
t.me/+4Van3rZryZtkOGVh
t.me/+4Van3rZryZtkOGVh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Professional and scientific market analysis can help us achieve stable profits. Therefore, I will share some professional market analysis of different products from time to time every day, hoping to help you make profits.
t.me/+4Van3rZryZtkOGVh
t.me/+4Van3rZryZtkOGVh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.