Crude Oil (WTI) | Market Outlook
Crude oil is trading around $103, maintaining strong bullish momentum supported by geopolitical tensions and supply concerns. However, volatility remains high due to mixed factors like rising US inventories and uncertainty around Middle East developments. Despite short-term pullbacks, the broader trend remains bullish.
Key Points:
Resistance: 104.70 – 106.00
Support: 100.50 – 98.00
Strategy: Buy on dips
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