HiLo Morning Brief · Oct 20 — Crude Oil Nears Its Prior High (3/4)
In commodities, XAU continued to weaken yesterday but remains above 4,100 and within its existing range.
CL has risen since retesting support last week and is now near its previous high. It may challenge the area around 102 in the near term; if the move continues, watch whether a potential five-wave advance is nearing completion.
#HiLoMorningBrief #CrudeOil #CL #Gold
In commodities, XAU continued to weaken yesterday but remains above 4,100 and within its existing range.
CL has risen since retesting support last week and is now near its previous high. It may challenge the area around 102 in the near term; if the move continues, watch whether a potential five-wave advance is nearing completion.
#HiLoMorningBrief #CrudeOil #CL #Gold