Trump Rejects Iran’s Proposal! $CL Trades Sideways at 94, Talks Stalemate—Oil Prices Can’t Fall
Brothers, are you still waiting for the U.S. and Iran to shake hands and drive oil prices down? Wake up—Trump straight up rejected Iran’s proposal.
Iran’s foreign minister said: reopening the Strait of Hormuz depends on whether Iran’s conditions are met, and there will be no concessions. On Trump’s side, it was even more straightforward—he rejected the proposal. Talks are at a standstill, and the geopolitical premium that was previously suppressed is set to return.
Looking at the chart: the current price is at the Bollinger midline 94.28, with the upper band at 94.59 and the lower band at 93.96. MACD has a dead cross, but the green histogram is shrinking; RSI is neutral but slightly weak. Resistance is 94.28–94.59 above, support is 93.96–92.5 below.
Gongming’s view: a stalemate in negotiations = the geopolitical premium being injected back in. Oil is stuck trading around 94 and can’t drop. Pullbacks to support are an opportunity—don’t let the momentum of the earlier decline lead you astray.
Trading strategy:
Conservative approach: wait for a pullback and enter long after 93.5–94 stabilizes.
Remember, this “geopolitics card” hasn’t been played out yet—don’t choose the wrong side during the stalemate. Follow Gongming, and eat your way through without getting lost! #SEC称代币回购与网络升级不自动构成证券 #Circle与Tether冻结Bitget黑客钱包
Brothers, are you still waiting for the U.S. and Iran to shake hands and drive oil prices down? Wake up—Trump straight up rejected Iran’s proposal.
Iran’s foreign minister said: reopening the Strait of Hormuz depends on whether Iran’s conditions are met, and there will be no concessions. On Trump’s side, it was even more straightforward—he rejected the proposal. Talks are at a standstill, and the geopolitical premium that was previously suppressed is set to return.
Looking at the chart: the current price is at the Bollinger midline 94.28, with the upper band at 94.59 and the lower band at 93.96. MACD has a dead cross, but the green histogram is shrinking; RSI is neutral but slightly weak. Resistance is 94.28–94.59 above, support is 93.96–92.5 below.
Gongming’s view: a stalemate in negotiations = the geopolitical premium being injected back in. Oil is stuck trading around 94 and can’t drop. Pullbacks to support are an opportunity—don’t let the momentum of the earlier decline lead you astray.
Trading strategy:
Conservative approach: wait for a pullback and enter long after 93.5–94 stabilizes.
Remember, this “geopolitics card” hasn’t been played out yet—don’t choose the wrong side during the stalemate. Follow Gongming, and eat your way through without getting lost! #SEC称代币回购与网络升级不自动构成证券 #Circle与Tether冻结Bitget黑客钱包