Oil & Gas to NEW HIGHS
XOP - is in the same type of consolidation it has been TWICE prior to its' current location. It has already bounced off of $114 support level. I'm anticipating the price running to a resistance level of around $180 with a pull back which would launch it THROUGH the $180 level which it hasn't been over since 2015. If current market condition continue running its' course, $330 is very possible in 2024.
These are just observations and NOT predictions.
These are just observations and NOT predictions.
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