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Crude Oil trading strategy few days after OPEC decision |
Dec 6, 2016, 05:44 PM
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Group: Members Posts: 113 Joined: February 25, 2016 From: Belgium Member No.: 27,915 |
Dec 6, 2016, 05:44 PM
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Crude Oil price recovery may end in the next couple of days. World-Signals.com expects to see technical correction down below $48.00. The Crude Oil price jumped from $45 in New York to $51 after OPEC members agreed to cut by 1.2 million barrels per day. But there is strong resistance at levels above $52. World-Signals.com trading strategy is to sell Crude oil at the levels at $51.00-$51.35 with target $48.00.
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