GCMAsia - CrudeOIL
CrudeOIL
2019-09-27
CrudeOIL, H4: Crude oil was traded flat near the support level 55.30. However, MACD which illustrate diminishing bearish momentum with the starting formation of golden cross suggest the commodity to be traded higher towards the resistance level 58.35.
Resistance level: 58.35, 62.00
Support level: 55.30, 53.00