WTI Oil resumes decline

٢٧ نوفمبر ٢٠٢٣

Oil price trading stabilizes around the 75.00 barrier, waiting for a negative stimulus that will contribute to pushing the price to resume the expected bearish trend for today, whose next target is at 73.73, remembering that exceeding this level will push the price to the levels of 72.25 and then 70.78, while stability below 77.05 represents a condition. Important to achieve these goals

Pivot Price: 73.73
Resistance prices: 77.05 & 78.98 & 81.23
Support prices: 72.25 & 70.78 & 69.53

The general trend expected for today is bearish