Crude oil gains momentum at the peak

Crude oil had gained a substantial strengh, and after a market holiday in the US, may continue rally. It is building a short-term chart pattern: should the height of this pattern at around $86 be broken, it may drive to $86 or higher. Supply it cutting off amid tightening from OPEC+ and accumulation from commerical traders.

Crude oil is known for sustaining momentum at peaks, so one may consider breakout of $86 as a potential idea. The major release is the weekly petroleum status report on Wednesday, Sep 6, and inflation for the US for Sep, 13th.