WTI crudeoil gives up early gains: oilprice oilprices trading forex commoditytrading
Enter your emailI think you are going to have to look for little bits of support on short-term charts and take trades for short-term move.
. At this point in time, the very likely that the market will continue to be noisy and perhaps may even drop a bit based upon the price action. That being said, the market is likely to continue to see a lot of noisy behavior, but it may simply be trying to stabilize a bit after a huge move to the upside.
Crude oil is a market that will continue to see a lot of geopolitical volatility added to it, as the Russians and the Ukrainians continue to play their game. Ultimately, this is a situation that is probably best described as being tenuous at best, and that we will more than likely see plenty of volatility going forward. I do believe that we continue to go higher over the longer term, as the world reopens.
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