sujithsstorock
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this is deadly risk. just a support call.
risky buy gold at 880 % with stoploss 978.5 $ small risk. tgts 983-85-88 $
SELL EURO around 1.5508 TGT-1.5430/1.5380 stoploss-1.5528.
So if the oil inventory report is a high [positive] number then we would expect the price to fall right?
There another trick, report high expected fall in supply then lower fall is good news and price falls 😆inventory refers to stock of crude oil. If its positive that means stocks are high and supply is sufficient.Thus prices should fall. Thats theory !.