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#USOIL update Bounced from support and reclaimed resistance. Very good read of this asset. Not sure why Trump says oil prices will come down ''soon''. So far it looks bullish. I expect a move up, likely caused by geopolitical escalation, and then a potential deal before or around midterm elections (November 3rd). That's when oil prices could start going down, but not just yet, or at least it doesn't seem so.