OPEC+ has delayed their meeting to discuss oil output cuts to 30th Nov. Three OPEC+ sources said this was linked to African countries. OPEC+ said after its last meeting in June that the 2024 output quotas of Angola, Nigeria and Congo were conditional on reviews by outside analysts.   We saw Crude Oil react badly to this plan cha...

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SHORT Case · We saw Brent Crude fall to $78 as per last weeks forecast. · $78 level provides support for a strong support, giving Oil a 4% push up the next day · We’re looking to see if there will be a lot of Selling around $84-86—forcing another big sell off to around $75.   LONG Case · If Oil price c...

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SHORT Case · Gold reached bottom around $1930 as calculated in previous reports, where we suggested not to do any Short Sell trades. · Gold still looking strong until at least 2000 where we might find a good sell opportunity around $2010—$2020. · We would not recommend doing any Short Sell trades on gold currently....

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