UnknownUnicorn3983388

SPDR S&P Oil & Gas Explo & Prod ETF technically based analysis

AMEX:XOP   SPDR S&P Oil & Gas Explor & Product


📌Oil & Gas Exploration & Production in last days we can see price of OIL, GAS slowly falling, fundamentally side is war with Rus & Uk and China mixing, here expecting to see higher bearish continuation.


💡 XOP technically based idea, we can see price is on SUPP zone-bouncing, technically indicators showing we can expect higher bearish continuation, based on technically readings expecting to see higher bearish continuation till targets marked on chart.


📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!


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