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xTI crude oil has been fluctuating within this channel since 2009 and has maintained validity for over 16 years. The price has currently touched the upper trendline.
If the price breaks above the upper trendline, the target price is around $200-205. Conversely, if the price is resisted at the upper trendline, it may fall to the mid-channel level of $60-70, which can serve as an intermediate support level. $XTIUSD #Gate广场四月发帖挑战