GCMAsia- CrudeOIL

CrudeOIL
2019-11-14

CrudeOIL, H4: Crude oil price remain traded in a sideway channel while currently testing near the resistance level 57.55. However, MACD which illustrate bullish bias signal with the formation of golden cross suggest the commodity to be traded higher after it breaks above the resistance level.
Resistance level: 57.55, 59.40
Support level: 56.30, 54.85