CRUDE OIL

CRUDE OIL

The Crude Oil Price has extended gains yesterday and it is now trading above the key support level of 57.98. As long as the price stays above 57.98, on a four hourly basis, the rise may gain more momentum and we will see 58.95 as a daily resistance level. On the other hand, if the price drops below 57.98, the key support level can be seen at 56.40.

Support : 57.98 - 56.40 - 54.68

Resistance : 58.95 - 60.20

22 Nov 19 (Fri)

07:29 am



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