Light Sweet Crude Oil DECEMBER 2021 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 81.2297 may materialize within the next 2 days.
Related Posts
Silver Spot formed a Channel Up on the 4 hour chart. Retest of resistance in sight.
Silver Spot was identified at around 36.0735 having recently rebounded of the support on the 4 hour data…
Supports and resistances are primary concepts of technical analysis. US Oil is heading for an important price of 62.4330 – read about what this could mean for the future.
US Oil is heading towards a line of 62.4330. If this movement continues, the price of US Oil…
Gold Spot through 3366.28135. Is this a confirming a breakout? Will it continue its path in the current trend toward 3306.1199?
Gold Spot has broken through a support line of a Rising Wedge and suggests a possible movement to…