WTI crude oil continues its bullish expansion, reaching $67 — the highest level since August, driven by rising geopolitical tensions after Trump hinted at a potential limited Iran strike.
📊 Technical Outlook:
• Double-bottom formation confirmed near $55
• 50 & 200 WMA golden cross supports trend reversal
• Price holding above Super trend = bullish continuation
🎯 Key Levels:
• Support: $62 – $60
• Resistance: $70 psychological target
📌 Bias:
Bullish while above $60. Momentum favors continuation toward $70, with pullbacks offering buy-the-dip opportunities.
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