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Crude Oil trading strategy few days after OPEC decision

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  • Crude Oil trading strategy few days after OPEC decision

    Crude Oil price recovery may end in the next couple of days. World-Signals.com expects to see technical correction down below $48.00. The Crude Oil price jumped from $45 in New York to $51 after OPEC members agreed to cut by 1.2 million barrels per day. But there is strong resistance at levels above $52. World-Signals.com trading strategy is to sell Crude oil at the levels at $51.00-$51.35 with target $48.00.
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  • #2
    Which oil do you mean here ? Something like Brent, WTI or something else ? So many times have passed but I'll tell you what - I am seeing now WTI at $59 and Brent at $69. What are your future prognosis about that case or any other please ?

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