Good afternoon!
Oil bounced off the support area formed between 82.50-83.70 levels several times, leaving long spikes behind. Now the quotes are approaching again at the indicated support, therefore, in the area of the horizontal 82.50, there may be a potential upward rebound of quotes. The growth potential towards the “hundredth” horizontal remains in the focus of the market:
Silver continues its upward movement and the next support may be the support level at 22.30, where the ascending channel line also passes. We leave the basic scenario the same – the growth of the precious metal towards the level of 24.75:
Bitcoin has lingered on the 17000 horizontal and, apparently, is forming another bullish flag. In principle, now the accumulation of fuel continues for a subsequent breakthrough towards the level of 18500:
Oleg Svirgun, analyst at the brokerage company Tickmill
04/12/2022
