GCMAsia - CrudeOIL
CrudeOIL
2019-12-10
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 58.55. However, MACD which illustrate bearish momentum signal with the formation of death cross suggest the commodity to be traded lower in short term towards the support level 58.55.
Resistance level: 59.70, 60.85
Support level: 58.55, 57.50