Read more
7:21 AM · 6 October 2022

Chart of the day - OIL.WTI (06.10.2022)

-
-
Open account Download free app

WTI crude futures traded near $88.00 per barrel on Thursday, having rallied more than 10% so far this week as OPEC+ agreed to cut output by 2 million barrels per day, the biggest output cut since the start of the pandemic. Yesterday the price broke above the major resistance zone around $87.60, which is marked with upper limit of the local 1:1 structure, downward trendline and 61.8% Fibonacci retracement of the upward wave launched in December 2021. As long as price sits above this level, upward move may accelerate towards next resistance at $92.75.

OIL.WTI, H4 interval. Source: xStation5

30 January 2026, 6:58 PM

Daily summary: A historic day for precious metals; SILVER loses 30%; USD gains 💡

30 January 2026, 6:28 PM

Has the precious metals bubble burst❓ SILVER dips over 33% in a single day 🚨

30 January 2026, 6:09 PM

Three Markets to Watch Next Week (30.01.2026)

30 January 2026, 10:07 AM

⏬Silver below $100, Gold breaches $5000

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits