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Patrick Karim, technical analyst at Technical Traders Ltd, urges the financial community to pay close attention to crude oil price charts.
He points to the potential for oil to reach $300 per barrel, highlighting a significant shift that could impact global markets.
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Karim previously analyzed the probability of silver reaching $1,000 by the end of next year, describing it as an unprecedented potential rise in a recent report. He also maintains that his guidance for silver remains intact, emphasizing multi-time frame analysis in a separate outlook. His recent oil price comments extend a record of technical assessments across different commodities.