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Crude oil stabilizes as gold rebounds and USD weakens

3 Jul 2026 · 16:11 ISTafter close1 source ↓written by the desknot a recommendation

WTI crude oil has returned to its pre-war close, losing all post-war gains amid stretched bearish positioning. Meanwhile, gold is bouncing back, and the US dollar is retreating, creating favorable conditions for a potential technical recovery in crude oil prices. Traders should monitor these developments closely for market implications.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 3 Jul 2026, 16:11 IST.

Sourcesnews.google.com

Energy

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Crude oil stabilizes as gold rebounds and USD weakens

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