the daily chartist

WTI opening with a drop

published 3 years ago

 Crude has started the week and opened on Monday lower as pressure from the upcoming OPEC meeting is not even closely evaporated. Price has reached as predicted Friday the 38.2 Fibo level at 63.65 zone. The price now is again in a technical correction. Overal I think that it is going to move in a range until the meeting happens and the first statements appear.