The price of crude oil continued its downward trend as investors focused on the sweeping lockdowns announced in China. In the past few days, the number of Covid-19 cases in some Chinese cases has been in a strong upward trend. They have risen to the highest level in about two years. In response, the government […]
The post Crude Oil Price Retreats as China Concerns Remain appeared first on Action Forex.
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Key Highlights Gold started a fresh decline from $5,240 and traded below $5,120. A major bearish trend line is forming with resistance at $5,075 on the 4-hour chart. WTI Crude Oil surged toward $102 before Read more…