GCMAsia-CrudeOIL

CrudeOIL
2021-03-22

CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level 61.70. MACD which illustrate diminishing bearish momentum signal with the starting formation of golden cross suggest the commodity to extend its gains after it breaks above the resistance level.
Resistance level: 61.70, 63.70
Support level: 59.55, 57.50