Daily Market Analysis 05.09.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 95.84 with take profit at 96.23 Bearish Preference: A Sell position is envisaged if price trades below price 94.82 with take profit at 94.34 Fundamentals:All Day All OPEC-JMMC Meetings Comment: Oil prices rose more than $2 a barrel on Monday, extending gains as …