$CL re-open a short position; set a stop loss above the new high—oil must fall
Post
--Bearish
岑夫子BTC
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Bearish$CL Oil is definitely going to fall
There is a very clear transmission chain:
Oil prices go from $100 → $80
→ US inflation pressure declines
→ Fed rate-hike expectations decline
→ US Treasury yields decline
→ The dollar comes under pressure
→ The Nasdaq and BTC benefit
→ As for gold, it is caught in a two-way tug-of-war: "negative for geopolitical safe-haven demand, positive for rate-cut expectations" $XAU
There is a very clear transmission chain:
Oil prices go from $100 → $80
→ US inflation pressure declines
→ Fed rate-hike expectations decline
→ US Treasury yields decline
→ The dollar comes under pressure
→ The Nasdaq and BTC benefit
→ As for gold, it is caught in a two-way tug-of-war: "negative for geopolitical safe-haven demand, positive for rate-cut expectations" $XAU