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shahid0088
May 20, 2023 9:06 AM

Weekly forecast for us oil Long

WTI CRUDE OILTVC

Description

As far the trendline is supporting we are long on us oil and first target is 75.2
If the trendline breaks then our target will be 69-67
Comments
dresipent
Firstly I don't believe in the actual Goldman Sachs 90 Dollar forecast, because it seems we are in a clearly down trend. But now? They could be right, Like last time, If they predicted 120 Dollar.
shahid0088
yes the trend is down as far we are below 77-79 but we have multiple support around 70 area so its wise to buy here and wait for a new high
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