Commodities Analysis and Opinion
Crude Oil: New Test of the Recent Highs May Be in the Cards
2024.07.10 04:01
– not unexpectedly- couldn’t build further on their $10 June rise, as the multi-month resistance line I wrote about in a last week’s post proved to be insurmountable for the time being.
The bullish case is not lost yet, however, and a new test of the recent highs may be on the cards.
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