“Crude Oil Prices Seek to Maintain Recent Gains – Analysis (08-12-2025)”

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“Crude oil settled with gains in its recent intraday session, continuing its attempts to challenge the key resistance at $59.85. The pair’s trading above the EMA50 provides ongoing support, reflecting the current stability of the bullish trend.

This performance is further reinforced by positive signals from the relative strength indicators, the dominance of a short-term minor bullish wave, and trading along a supportive trendline, enhancing the likelihood of targeting new resistance levels in the near term.”

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