WDS 0.52% $29.21 woodside energy group ltd

Why price falling today?, page-199

  1. 421 Posts.
    lightbulb Created with Sketch. 19
    Its Expected if the USD keeps strength up until early November oil could be around the $30/35 mark and gold the $1800/1850 mark. ( assuming OPEC doesn’t step in)
    If Biden gets in and the stock markets crashes(perfect excuse for his great reset plan) the USD will spike up as a safe haven.
    If Trump gets in, USD should peak and starting dropping again all the way to May 2021 down to the 88 mark which should push oil in the $50/$55 area including the increased demand from Airlines/Transport/Shipping.
    So I would not be surprised to see WPL drop down to
    the $16 buy November but by May next year could it could be back around the $24 mark.

    Last edited by james33: 22/09/20
 
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