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Magnelibra Trading & Research

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Magnelibra Trading & Research
Magnelibra Trading & Research
Crude $130 / Gold $1995

Crude $130 / Gold $1995

Settlements from Friday

Mike Agne's avatar
Mike Agne
Mar 06, 2022
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Magnelibra Trading & Research
Magnelibra Trading & Research
Crude $130 / Gold $1995
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Crude Oil jumps on the open rising up to $130 +10% on the day to start the week. We know the 0.786 reversal here is $118 area, so we suspect any news on negotiations will drive this lower, but that remains to be seen as risk is for more geopolitical posturing:

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