Crude Oil Price Approaches $85, Can Bears Save The Day?

<p>Key Highlights Crude oil price started a fresh increase above the $80 resistance. A key bullish trend line is forming with support near $82.25 on the 4-hour chart. Gold prices are moving lower and trading well below $1,925. The US Consumer Price Index could increase 3.3% in July 2023 (YoY), up from 3.0%. Crude Oil [&#8230;]</p>
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