Light Sweet Crude Oil DECEMBER 2019 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 55.5158 can be expected within the next 20 hours.
Related Posts
Gold Spot broke through a resistance at 2025-06-30T18:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 3336.0673.
This trade setup on Gold Spot is formed by a period of consolidation; a period in which the…
Breach of 3.5415 could mean a start of a bearish trend on Natural Gas
Natural Gas has breached the support line at 3.5415. It may continue the bearish trend towards 3.4191, or,…
Gold Spot is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
Gold Spot was identified at around 3282.8995 having recently rebounded of the support on the 1 hour data…