Light Sweet Crude Oil JULY 2020 has broken through a line of 39.2400 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 40.5260 can be expected within the next 15 hours.
Related Posts
After testing 70.2595 numerous times, US Oil has finally broken through. Can we expect a bullish trend to follow?
The breakout of US Oil through the 70.2595 price line is a breach of an important psychological price…
Natural Gas is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 15 days.
Natural Gas is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…
If Silver Spot touches 29.7170 it may be time to take action.
Silver Spot is approaching a resistance line at 29.7170. If it hits the resistance line, it may break…