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NatGas Natural Gas LongPresident Trump´s tariffs on Russia, energy crisis ,and natgas cycle starting to motivate more buyers accumulationg their positions,going for higher prices. Technically a profit taking time of the bulls is coming to an end. Rockets:Buy/add more buys 2 variants:For more conservative traders, and those who have higher risk appetite. Profit targets are the same. The entries of both apporoaches are near and closed to strong midterm supports, therefor I have already taken this trades,as they promissing lower risk to me
OANDA:NATGASUSDLong
by DaveBrascoFX
XNG/USD Analysis: Natural Gas Price Drops to March LowXNG/USD Analysis: Natural Gas Price Drops to March Low On 27 January, our analysis of the natural gas chart highlighted the formation of an ascending channel. Later, on 10 March, we noted that the sharp price increase had created technical conditions for a correction. Since then, as indicated by the arrow on the XNG/USD chart, natural gas prices have declined by approximately 19%. Why Is the Price of Natural Gas Falling? - Unseasonably Warm Weather: Atmospheric G2 reported on Wednesday that forecasts now indicate significant warming across the eastern half of the U.S. from 31 March to 4 April. This could reduce demand for natural gas used in heating. - Rising Inventories: According to the EIA’s forecast, weekly natural gas storage levels are expected to increase by +33 billion cubic feet over the past week. Technical Analysis of XNG/USD Chart Looking at the broader trend since the start of the year, the ascending channel (marked in blue) remains relevant. However, bears have pushed the price below its median line, shifting movement into a short-term downward channel (marked in red). Currently, natural gas is trading near the $3.780/MMBtu level, a key price point that has previously acted as both support and resistance. Whether a bearish breakdown or a bullish rebound occurs largely depends on the upcoming EIA report, scheduled for release at 17:30 GMT+3. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XNGUSD
by FXOpen
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the markets today, allowing us to bounce between the Goldturns, inline with our plans to buy dips. Not much to report as we are seeing Gold range sideways consolidating ready for a breakout. We still have the gap left open at 2999, which fell short by a few pips. We will continue to use the lower Goldturns to buy dips until we see the weighted levels cross and lock to confirm the next range. Failure to break 3032 will keep seeing rejections into the lower Goldturns for the bounces. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 3032 - DONE EMA5 CROSS AND LOCK ABOVE 3032 WILL OPEN THE FOLLOWING BULLISH TARGET 3050 EMA5 CROSS AND LOCK ABOVE 3050 WILL OPEN THE FOLLOWING BULLISH TARGET 3065 EMA5 CROSS AND LOCK ABOVE 3065 WILL OPEN THE FOLLOWING BULLISH TARGET 3080 EMA5 CROSS AND LOCK ABOVE 3080 WILL OPEN THE FOLLOWING BULLISH TARGET 3097 BEARISH TARGETS 3015 - DONE EMA5 CROSS AND LOCK BELOW 3015 WILL OPEN THE FOLLOWING BEARISH TARGET 2999 EMA5 CROSS AND LOCK BELOW 2999 WILL OPEN THE FOLLOWING BEARISH TARGET 2978 EMA5 CROSS AND LOCK BELOW 2978 WILL OPEN THE SWING RANGE SWING RANGE 2950 - 2927 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
O
by Goldviewfx
22
Copper's Grip: Stronger Than Oil's?Is the U.S. economy poised for a red metal revolution? The escalating demand for copper, fueled by the global transition to clean energy, the proliferation of electric vehicles, and the modernization of critical infrastructure, suggests a shifting economic landscape where copper's significance may soon eclipse oil. This vital metal, essential for everything from renewable power systems to advanced electronics, is becoming increasingly central to U.S. economic prosperity. Its unique properties and expanding applications in high-growth sectors position it as a linchpin for future development, potentially rendering it more crucial than traditional energy sources in the years to come. This sentiment is echoed by recent market activity, with copper prices hitting a new record high, reaching $5.3740 per lb. on the COMEX. This surge has widened the price gap between New York and London to approximately $1,700 a tonne, signaling strong U.S. demand. However, this burgeoning importance faces a looming threat: the potential imposition of U.S. tariffs on copper imports. Framed under the guise of national security concerns, these tariffs could trigger significant economic repercussions. By increasing the cost of imported copper, a vital component for numerous domestic industries, tariffs risk inflating production costs, raising consumer prices, and straining international trade relationships. The anticipation of these tariffs has already caused market volatility, with major traders at a Financial Times commodities summit in Switzerland predicting copper could reach $12,000 a tonne this year. Kostas Bintas from Mercuria noted the current "tightness" in the copper market due to substantial imports heading to the U.S. in anticipation of tariffs, which some analysts expect sooner than previously anticipated. Ultimately, the future trajectory of the U.S. economy will be heavily influenced by the availability and affordability of copper. Current market trends reveal surging prices driven by robust global demand and constrained supply, a situation that could be further exacerbated by trade barriers. Traders are also anticipating increased industrial demand as major economies like the U.S. and EU upgrade their electricity grids, further supporting the bullish outlook. Aline Carnizelo of Frontier Commodities is among the experts forecasting a $12,000 price target. However, Graeme Train from Trafigura cautioned that the global economy remains "a little fragile," highlighting potential risks to sustained high demand. As the world continues its march towards electrification and technological advancement, copper's role will only intensify. Whether the U.S. navigates this new era with policies that ensure a smooth and cost-effective supply of this essential metal or whether protectionist measures inadvertently hinder progress remains a critical question for the nation's economic future.
COMEX:HG1!Long
by UDIS_View
Gold Tests Trendline, 3000 Target Still in SightGold’s horizontal move ended on Friday with the breakdown of the short-term support at 3025. Since then, the critical 3000 level has been tested twice but is still holding for now. The short-term trend has turned bearish, leaving gold prices stuck between the downward pressure from above and key supports at 3000 and the 200-hour moving average. Trump's recent softer messaging regarding the April 2 tariffs has temporarily eased upward pressure. Today's consumer confidence data will be significant, especially ahead of Friday's PCE release. If the short-term downtrend channel holds, another attempt at the 3000 level could occur today, and a break below 3000 might intensify downward momentum. On the upside, the immediate resistance levels to watch are the short-term downtrend line and 3030, both very close to the current price. A breakout above these levels could signal a continuation of flat move above 3000 until key economic data arrives later this week.
OANDA:XAUUSD
by ftdsystem
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower, facing resistance at the 240-day moving average on the daily chart. With a significant gap between the price and the 5-day moving average, a pullback toward the 5-day MA was anticipated. The index did find support at the 5-day MA, closing with a lower wick. The key question now is whether the current correction wave will fill the gap created on Monday, as it faced resistance at the 240-day line. If you’re looking to buy on dips, it’s best to focus on the gap area as a potential support zone. The MACD remains in a golden cross, and with a noticeable spread from the signal line, the market is likely to stay range-bound unless a bearish crossover occurs. On the 240-minute chart, a bearish crossover (death cross) has formed, suggesting the potential for further downside. However, the price is approaching a strong support zone where buying interest previously emerged. Thus, buying on dips in lower zones may be favorable. In the short term, both the MACD and the signal line remain above the zero line, indicating a possible short-term rebound. Be cautious with chasing short positions and monitor lower time frames. Also, don’t forget: Today’s GDP release may influence market direction. Crude Oil Oil closed higher, reaching $70 on the daily chart. Since the $70–71 range is a major resistance zone, it’s likely the trend may consolidate in this area. The daily MACD is rising sharply, and buying pressure appears strong and one-sided. Despite the resistance at $70–71, if oil gaps up over the weekend, there’s a chance this resistance could be broken by a gap-up move on Monday. Keep an open mind to this possibility, but also be cautious over the weekend (over-the-weekend risk). On the 240-minute chart, the MACD is bouncing off the signal line, with strong renewed buying pressure. However, if oil fails to break higher, a MACD divergence could develop, so avoid chasing longs at elevated levels. Overall, it’s safer to treat the $71 level as the upper boundary of a range, favoring short-term selling strategies. Watch the lower timeframes for signs of trend reversal. Gold Gold ended the day flat within a narrow range, forming a small consolidation box ahead of today’s GDP release and tomorrow’s PCE data. The daily MACD is converging with the signal line, suggesting we are approaching a turning point — either a new leg up or a bearish crossover. Both bullish and bearish scenarios remain open, so it’s important to monitor how the market reacts to upcoming data. If gold fails to push higher, a bearish divergence may form, opening the door to a pullback toward the 5-week MA on the weekly chart. On the 240-minute chart, both MACD and the signal line are hovering near the zero line, indicating sideways movement. Since the signal line remains above zero, the buy side still holds a slight edge, but confirmation via a strong bullish or bearish candle is needed to establish a trend. Any MACD signal triggered at the zero line could lead to a larger directional move, so keep that in mind. Until data is released, continue range-bound trading, and avoid premature long or short positions, as today’s trend may remain undecided. March is coming to an end. Make sure to keep a close eye on today and tomorrow's data releases and aim to close the month with solid results. Wishing you a successful trading day! If you like my analysis, please follow me and give it a boost! For additional strategies for today, check out my profile. Thank you!
CME_MINI:NQ1!
by Futureguard
Buy, hold, and let those sweet returns melt in your portfolio!Guys, we all know the sector rotational for consumer defensive is now rebounded regardless the sector rotation or tariffs noise, agribusiness and sugar remains an essential commodity in our daily life. There are strategies that Wilmar has taken for the past 3 years. We have seen the share price is being strongly supported at SG$3.03. Given the essential nature of sugar, Wilmar’s strategic positioning, strong financials, and resilient consumer demand, this could be an opportune time to buy and hold for long-term gains. 🗝️ Key Investment Considerations: Strong Technical Support – Wilmar’s share price has consistently held above SG$3.03, indicating a solid support level. 📙 Fundamental Strength – The company has a wide economic moat, benefiting from its integrated agribusiness model. 💰 High Insider Ownership – With a 74.7% stake held by major investors, management has significant “skin in the game.” SGX:F34 📌 Investment Call: Buy & Hold (24-36 months) 🎯 Target Price: SG$4.46 💰 Potential Upside: 33% 📈 Dividend Yield: ~5.13% (TTM) Wilmar International (stock symbol: F34.SI) dividend yield (TTM) as of March 27, 2025 : 5.13% Average dividend yield, last 5 years: 4.1% (including 2024) W Chart - crossing above zero line for MACD indicator
SGX:F34Long
by ChenQianYu
GOLD holds above $3,000, aiming for weekly targetOANDA:XAUUSD continues to recover and maintain an upward trend, as uncertainty over the Trump administration's tariff policy has boosted safe-haven demand. Meanwhile, the market is focusing on US inflation data due this week to further determine the path of interest rates. Tariff and inflation concerns have fueled safe-haven buying, with gold up more than 15% this year US President Donald Trump said on Monday that tariffs on imported cars were coming, but hinted that not all of the threatened tariffs would take effect on April 2 and that some countries could be exempted. This is sure to raise concerns that if the tariffs are officially implemented, they could push up inflation and stifle economic growth, so investment flows in the market have shifted to traditional safe-haven assets such as gold for allocation. Gold has always been considered a hedge against inflation and macroeconomic instability. Since the beginning of the year, the price of gold has increased by more than 15% and reached an all-time high of $ 3,057.21 / ounce on March 20. Market Focuses on PCE Inflation Data, Fed Maintains Dovish Expectations The market is now paying attention to the US Personal Consumption Expenditures (PCE) price index, which will be released on Friday. This index is considered the core data for the Federal Reserve to assess inflation trends and may provide further material for assessing the path of interest rate cuts this year. If the PCE inflation index does not show any unusual changes, it will further strengthen the Fed's dovish stance and continue to push gold prices up. More detailed assessments will be sent to readers in later publications. Last week, the Federal Reserve kept its benchmark interest rate unchanged but signaled it could start cutting rates later this year. Since gold does not yield interest, it is often more attractive in a low-interest-rate environment. Technical Outlook Analysis OANDA:XAUUSD Gold continues to rally since receiving support from the $3,000 raw price level, which was a key support noted by readers in previous issues. The current position above the 0.50% Fibonacci extension level is a positive signal for gold to target the initial upside target in the weekly issue at $3,051 in the short term, more likely an all-time high. The relative strength index (RSI) is also bent upwards, which should be considered a corrective signal due to the weakening/ending profit-taking momentum. Going forward, the technical structure remains unchanged with the daily chart dominated by the bullish trend with the price channel as the main trend and the EMA21 as the main support. As long as gold remains above the EMA21, it still has a bullish outlook in the medium term, along with that, the notable positions for this trading day will be listed as follows. Support: 3,021 – 3,000 USD Resistance: 3,051 – 3,057 USD SELL XAUUSD PRICE 3062 - 3060⚡️ ↠↠ Stoploss 3066 →Take Profit 1 3054 ↨ →Take Profit 2 3048 BUY XAUUSD PRICE 2989 - 2991⚡️ ↠↠ Stoploss 2985 →Take Profit 1 2997 ↨ →Take Profit 2 3003
OANDA:XAUUSDLong
by Xayah_trading
Heading into overlap resistance?WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 70.39 1st Support: 68.71 1st Resistance: 71.77 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XTIUSDShort
by ICmarkets
2
"SoyBeans" Commodities CFD Market Robbery Plan (Swing Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "SoyBeans" Commodities CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (975.0) then make your move - Bearish profits await!" however I advise placing Sell Stop Orders below the breakout MA or Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. I Highly recommended you to put alert in your chart. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: Thief SL placed at (1015.0) Swing Trade Basis Using the 4H period, the recent / swing high or low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 935.0 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 🥔🍀🍃"SoyBeans" Commodities CFD Market Heist Plan is currently experiencing a bearishness,., driven by several key factors. 📰🗞️Get & Read the Fundamental, Macro, COT Report, Inventory and Storage Analysis, Seasonal Factors, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 👉👉👉🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
PEPPERSTONE:SOYBEANSShort
by Thief_Trader
Crude oil-----buy around 69.00, target 69.90-70.90Crude oil market analysis: Crude oil has not been so strong for a long time. The K-line has uploaded the daily moving average, and the bulls have begun to rush up. The current suppression position is 70.00-70.60. Yesterday, the highest peak was 70.22. Today's idea is to follow the short-term buying, buy at a low price to see its moving average rebound, and the daily moving average is also starting to attack. We don’t speculate whether this wave of upward rush will change the trend of the daily line, but we can be sure that the short-term is bullish. Today’s idea is to buy directly around 69.00. Fundamental analysis: Although there is no big data this week, the US tariffs still cause huge market fluctuations in terms of fundamentals. Operation suggestions: Crude oil-----buy around 69.00, target 69.90-70.90
NYMEX:CL1!Long
by BraveTigercat
Be the Choosy trader on Gold!Price is dragging on dropping. being very indecisive. Looks like the entire market is waiting on News to help give it a push. I need to see price break out of value before I can get a read on a sold move. in the mean time this is sclaping conditions. You can hold trades. Have to cut them short quick with this price action. Since we have some USD news tomorrow that indicates that the market might be waiting for that before proceeding on any decisions. Patience is key!
COMEX_MINI:MGC1!
by DWoodz
8
Mid-Week Analysis March 27-28: USD FX Majors Stock Indices, ...In this video, we look back on the forecasts from this past weekend, and check how they are playing out to this point in the week. USD Index, S&P500, Nasdaq ,Dow Jones, Gold, Silver, Platinum, Copper, EUR, GBP, AUD, NZD, CAD, CHF, JPY. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
TVC:DXY
by RT_Money
2
Copper Bounce? $HG1! at Key Demand Zone!Back at a strong demand level on COMEX:HG1! (Copper futures). The key invalidation is a 4-hour close below 3.92, so I'll be watching closely to manually close. I'm looking for a potential bounce from here, and if the weekly candle closes bullish, I may consider this a reversal setup. The confluence between the weekly support and the current demand zone gives me confidence to take the trade. If the move fails, my next level to watch is 3.7 for another potential entry. Let’s see if COMEX:HG1! behaves this time.
COMEX:HG1!Long
by ZelfTrade
1
Bearish drop?The Gold (XAU/USD has rejected off the pivot and could drop to the 1st support level. Pivot: 3,032.57 1st Support: 2,998.40 1st Resistance: 3,047.35 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
WTI CRUDE OIL: Last pull to 4H MA50 possible, $72 target remainsWTI Crude Oil just turned bullish on its 1D technical outlook (RSI = 55.181, MACD = -0.570, ADX = 39.438) as it crossed above the 4H MA200. It is still under the 1D MA50, so the newly emerged Channel Up may pull the price back under the 4H MA50 one last time before the next, even stronger bullish wave. Overall, we remain long (TP = 72.00), even more so on the long term. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:USOILLong
by InvestingScope
Potential bearish drop?USO/USD is reacting off the resitance level whic is an overlap resistance level that line sup with the 161.8% Fibonacci extension and the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 70.39 Why we like it: There is an overlap resistance level that lines up with the 161.8% Fibonacci extension and the 61.8% Fibonacci retracement. Stop loss: 71.87 Why we like it: There is a pullback resistance level that is slightly below the 88% Fibonacci retracement. Take profit: 68.68 Why we like it: There is an overlap support level that lines up with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
USOil Sell 70.000Crude oil has been fluctuating and rising recently, reaching a three-week high. From a fundamental perspective: Supply: The United States has intensified its energy sanctions against Iran. Attacks on Saudi facilities have affected their performance. The OPEC+ will gradually lift the voluntary production cuts starting from April and may increase production for the second time in May. The 30-day ceasefire agreement between Russia and Ukraine has not been effectively implemented in substance. However, recently, the United States, Russia, and Ukraine have reached some consensus on Black Sea navigation and the protection of energy facilities. Inventory: According to API data, for the week ending March 25, U.S. crude oil inventories dropped significantly by nearly 9 million barrels. However, commercial crude oil inventories have been increasing continuously for several weeks, and the overall inventory remains at a high level. Geopolitics: The U.S. airstrikes against the Houthi armed group in Yemen and Israel's military operations in the Gaza Strip have heightened concerns about the disruption of crude oil supplies in the Middle East. The United States' continuous strengthening of sanctions against Iran and Venezuela also includes a plan to impose a 25% tariff on countries importing Venezuelan crude oil. Production Increase Pressure: The daily supply increments of non-OPEC countries (such as the United States and Brazil) far exceed the global demand growth rate, which has long-term downward pressure on the oil price center. 💎💎💎 USOIL 💎💎💎 🎁 Sell@70.000 - 70.200 🎁 TP 68.5 68.0 67.5 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
TVC:USOILShort
by BenGray9