GCMAsia - CrudeOIL

CrudeOIL
2019-11-26

CrudeOIL, H4: Crude oil price was traded flat while currently testing the resistance level 58.05. However, MACD which illustrate bearish momentum signal with the formation of death cross suggest the commodity to be traded lower towards the support level 56.30.
Resistance level: 58.05, 59.40
Support level: 56.30, 54.85