As observed in the weekly time frame, CL1 has broken a bearish trend that emerged after June 2022. Currently, CL1 exhibits bullish sentiment, and based on global news, it is likely to continue its upward trajectory.
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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.