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Crude Oil Looking Constructive

Discussion in 'Technical Analysis' started by Kaitlin, Nov 4, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Unlike the yellow metal, which has sharply extended its losses and is down for a fifth consecutive session today, the so-called black gold is defying the dollar's strength. Both oil contracts are rising despite the growing pessimism about demand. Oil speculators must therefore be feeling that the current level of[​IMG]

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