GCMAsia - CrudeOIL
CrudeOIL
2019-11-14
CrudeOIL, H4: Crude oil price was traded higher while currently testing the sideway channel top level at 57.50. MACD which illustrated bullish momentum and the formation of golden cross suggest the commodity to extend its gains after it successfully breakout above the resistance level at 57.50.
Resistance level: 57.50, 58.55
Support level: 56.80, 56.25