GCMAsia - CrudeOIL

CrudeOIL
2018-12-12
| Resistance and Support | Level | Explanation |
| Resistance | 53.90 | H4 |
| Support | 52.00 | H4 |

CrudeOIL, H4: Crude oil price remains traded within a sideways channel following prior rebound from the lower level. MACD which illustrate bullish signal suggests the commodity price to extend its gains in short-term, towards 53.90.
Resistance level: 53.90, 55.35
Support level: 52.00, 50.25