Brent Forecast 9/8/2024

Aktualisiert
Hi All,

Today is Friday, normally not expecting a big move from oil, however we do have some target prices ready and prepared for a move.

Since the overall price action is bullish, we expect target prices 79.2 and 79.6 to be hit today or next week when it breaks above the resistance line.

When the buy volume is not there, we can expect a retracement when it can break the orange support line to 78.1 and lower when there is strong volume.

Have an enjoyable weekend!
Trade geschlossen: Ziel wurde erreicht
Target price of 79.2 hit
Trade geschlossen: Ziel wurde erreicht
Target price 79.69 hit also
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