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Brent Oil Forecast Update November 2 2021

Brent November 2 2021

We’re keeping a careful eye on Brent Oil which still has some strength. Whilst it initially reacted quite nicely to our short entry zone it did not hit our important trend line. Brent crude oil is now heading back up to the entry level and a breach through the “thick white line” may indicate one more push up before the end of the year. As a result stops should be placed at the entry point to prevent losses.

Brent November 2 2021
Brent Oil Chart November 2 2021
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