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Crude oil is one of the most in-demand
commodities, with the two most
popularly traded grades of oil being
Brent Crude and West Texas
Intermediate (WTI). Crude oil prices
reflect the market’s volatile and liquid
nature, as well as oil being a
benchmark
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Crude prices decoupled from equity markets yesterday, pulling back from resistance the 23.6% Fibonacci retracement level ($85.83) to form a bearish Dark Cloud Cover candlestick pattern � hinting more losses are ahead � even as the S&P 500 pushed higher
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Today market trend is :sell
This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend
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Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
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News) - While there has been a lot of disappointment in the gold market recently, Kitco News’ intrepid reporter Anna Golubova has been able to put financial markets’ volatility into perspective.
Golubova noted that the Dow Jones Industrial Average reported its worst three-month performance since 1987; it ended the first quarter down nearly 22%. Meanwhile, the S&P 500 saw a loss of 18.7%, its worst quarter since 2008.
However, the gold market ended the quarter with a gain of 5%. As of writing, June gold futures last traded at $1,647.10 an ounce, with some analysts once again keeping their eye on resistance at $1,700.
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Usoil
cfds on crude oil (wti)
28.79
usd
+4.07 (+16.49%)
market closed (apr 03 16:45 utc-4)
24.72
prev
24.72
open
1.237m
volume
23.49 — 29.11
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OIL
trend is Bearish
Support (S1): 30.25
Support (S2): 29.60
Support (S3): 29.12
Resistance (R1): 30.54
Resistance (R2): 30.92
Resistance (R3): 31.34
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Today Market Analisss...
We always admit this is the best plateform ,
I mean Indian Forex is always be the best plateform ever.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
Keep it Up !!
Thank You.
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The pair is in strong uptrend line targeting But a clear break of this blue uptrend line will trigger a strong bearish targeting
Major trend : upward
Minor trend : downward
current position, a position floting loss, -4. two positions have not been executed pending orders.
price is currently undergoing a correction, and it seems like the trend up will not change