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Sigh, I don't think the US and Russia can reach an agreement in this negotiation! The US is imposing tariffs on India to undermine Russia's oil business, and at the same time suddenly says it wants to negotiate a ceasefire with Russia. Isn't that just slapping itself in the face? If Putin agrees to this, that would be too embarrassing. Just yesterday, they were trying to kill people, and today they say, "Bro, let's make up," would you believe it if you were in his shoes?
Now the big pie has risen because of this news, but I think it's a trap! Once the news of the negotiation falling apart comes out, it will definitely drop back. I see the technical aspect very clearly; it can't escape the position of 1173-1175. It's not hard to see this point, what's hard is whether you dare to bet that it will definitely reach. My old fans in the live broadcast know that I have always been accurate with technical levels.
In simple terms, the current rise is because some people are betting that the negotiations will succeed. But in my opinion, how could the Russians possibly back down so easily? When their talks fall apart and the market reacts, the drop will be severe. Those chasing the rise now might be crying in a few days. Remember, matters of geopolitics are always more noise than substance, and in the end, it all comes down to strength!