So after i were (more or less) correct about the direction of oil, i wanted to have another look at the future.
I think oil has a little more fuel to go up, but i also see the power of OPEC and them amping up the production, causing a potential fall in the oil prices.
Therefore, i presume, we are going to see a minor downfall in the USOIL chart. im guessing a minor, because we are still in a covering fase in the world, so there are still more oil demand happening.. so only a shorter fall and then up again.
Let me hear what you think :)
I think oil has a little more fuel to go up, but i also see the power of OPEC and them amping up the production, causing a potential fall in the oil prices.
Therefore, i presume, we are going to see a minor downfall in the USOIL chart. im guessing a minor, because we are still in a covering fase in the world, so there are still more oil demand happening.. so only a shorter fall and then up again.
Let me hear what you think :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.