Introduction:
Hey there, fellow traders! We've got some exciting news to share that'll make you want to jump on the oil bandwagon. The oil market has been buzzing lately, and we're here to shed light on how the recent developments are creating a golden opportunity for all you savvy investors out there. So sit back, relax, and let's dive into the world of oil!
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Introduction:
The oil market is heating up, and there's an exciting opportunity knocking at our doors. Brace yourselves as we delve into the recent surge in US oil prices, which have approached the $90 mark due to a scare in supply and cooling demand. In this article, we will explore the factors driving this upward trajectory and present a compelling...
Goldman Sachs, a leading global investment banking firm, has issued a cautionary note urging traders to exercise caution amidst the current bullish sentiment surrounding the late-stage oil rally.
In their latest analysis, Goldman Sachs has highlighted several risks that could potentially undermine the anticipated benefits of any oil supply cut. These risks may...
As can be seen on the chart, every time the price touches that resistance it is followed by a drop towards the support.
If this happens, we could take a buy order once that support is touched, or we could take a sell order from where it's right now, to support, and then open a buy order, IMO
DYOR
Not a signal.
This week is a holiday-shortened week as US Markets will be closed on Monday in observance of US Labor Day.
As Investors are weighing the impact of last Friday’s surprisingly soft August jobs report, Stocks are likely to look beyond the numbers and latch onto the latest data on labor and inflation in the coming week’s jobless claims and producer price index...
