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GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-01-09
Resistance and Support Level Explanation
Resistance 50.55 H4
Support 48.35 H4

CrudeOIL, H4: Crude oil price was traded higher while currently testing at the resistance level of 50.55. MACD which has formed a golden cross signal suggests the commodity price to advance further upwards after a successful close above 50.55.

Resistance level: 50.55, 52.90

Support level: 48.35, 44.60