FXcandles
Member
Back to the boards.
Today's market for oil is still moving in the previous range with a swing high at roughly 80 and a swing low at roughly 75. The price is now at 77.77 trying to rise after falling at a low of 76.48.
Prices may return to the peak near the upper band line at 79 level prices. China's economic growth target of 5% in 2024 provides fresh air for future oil demand.
In the crypto market, Solana rose to form a new high as did Bitcoin, and Ethereum. Meanwhile, gold prices appear to be moving within the previous range with a slight decline.
#oilprice #uscrudeoil #tradingview
Today's market for oil is still moving in the previous range with a swing high at roughly 80 and a swing low at roughly 75. The price is now at 77.77 trying to rise after falling at a low of 76.48.
Prices may return to the peak near the upper band line at 79 level prices. China's economic growth target of 5% in 2024 provides fresh air for future oil demand.
In the crypto market, Solana rose to form a new high as did Bitcoin, and Ethereum. Meanwhile, gold prices appear to be moving within the previous range with a slight decline.
![gkxFWEGS.png](/proxy.php?image=https%3A%2F%2Fs3.tradingview.com%2Fsnapshots%2Fg%2FgkxFWEGS.png&hash=3781db1f4ba8a3793911e7e8d31f8a3c)
#oilprice #uscrudeoil #tradingview