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280521 CrudeOIL-Noon

by | May 28, 2021 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2021-05-28

CrudeOIL, H4: Crude oil was traded higher following prior breakout above the previous resistance level 66.60. MACD which illustrate bullish momentum signal with the formation of golden cross suggest the commodity to extend its gains towards the resistance level 68.35.

 

Resistance level: 68.35, 70.40

Support level: 66.60, 64.25