GCMAsia - CrudeOIL

CrudeOIL
2019-11-27

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 58.55. MACD which illustrated diminishing of bearish momentum and the formation of golden cross suggest the commodity to extend its gains after it successfully breakout above the resistance level.
Resistance level: 58.55, 59.20
Support level: 57.50, 56.80