Oil price gets a negative signal

١٠ نوفمبر ٢٠٢٣

The price of oil has been fluctuating sideways since the morning, and therefore, there is no change to the expected bearish trend scenario for today, which mainly targets the 75.49 and then 73.80 levels, with a reminder that breaching 77.83 will stop the expected decline and push the price to try to recover in the intraday term.

Pivot Price: 76.83
Resistance Prices: 79.18 & 80.80& 82.74
support price: 75.49 & 73.80 & 72.12


The general trend expected for today: bearish