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231219 CrudeOIL-Noon

by | Dec 23, 2019 | Crudeoil | 0 comments

GCMAsia - CrudeOIL
CrudeOIL
CrudeOIL
2019-12-23

CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level 60.85. MACD which illustrate bearish momentum signal suggest the commodity to extend its retracement towards the support level 59.70.

 

Resistance level: 60.85, 62.05

Support level: 59.70, 58.60