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Brent (ICE) (G4) Intraday: the downside prevails.
2023-12-04
572
Pivot: 79.70
Our preference: short positions below 79.70 with targets at 77.80 & 77.00 in extension.
Alternative scenario: above 79.70 look for further upside with 80.50 & 81.30 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
81.30
80.50
79.70
78.42 Last
77.80
77.00
76.20
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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