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.
Why price falling today?, page-199
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Last
$29.23 |
Change
0.170(0.58%) |
Mkt cap ! $55.50B | |||
| Open | High | Low | Value | Volume |
| $29.31 | $29.44 | $29.20 | $103.3M | 3.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 80296 | $29.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.24 | 2000 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WDS (ASX) Chart |