Crude Oil – Up up and away!

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Crude Oil on path for more gains In our last week's Oil report, we alerted the readers to the potential inverse head and shoulders pattern formed on the daily charts. Price action looks to have validated this pattern after the break out from the neckline near 51.5 level was briefly retested before Oil prices rallied to break the initial minor resistance at 54 and looks poised for a test to 55.3...

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