GCMAsia - CrudeOIL
CrudeOIL
2019-11-29
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the 50 moving average line (Blue). MACD which illustrated diminishing of bearish momentum suggest the commodity to extend its gains toward the resistance level at 58.55.
Resistance level: 58.55, 59.20
Support level: 57.50, 56.80