Looking to find some sort of support at 70.00 and may double bottom. The overall main trade though is this falling wedge pattern where we may see bulls make a break for it and test that important 82.00 level. A break of this previously tested level would result in a poss move to 95.00 but we would need some big driving factors or a big new event to come
does look like a textbook double bottom. if history speak truly socialist price regimes generally do the opposite and squeeze markets anyway. other macros such as the bricks, declining USD, and flock to GOLD should be good for all commodities in 2023