Crude Oil

[imbest]

The action bias of Gold is downward at the moment. So it is better to sell at this stage.


These are the pivot points to get support and resistance values.


99.87 101.25 102.19 103.57 104.51 105.89 106.83


Sell below 103.57 and consider the next support point as take profit and next resistance point as stop loss.

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[imbest]

The action bias of Crude Oil is downward at the moment. So it is better to sell at this stage.

These are the pivot points to get support and resistance values.

100.48 101.31 102.01 102.84 103.54 104.37 105.07

Sell below 102.84 and consider the next support point as take profit and next resistance point as stop loss

http://s17.postimage.org/48p0gg6tb/oil.png

[imbest]

The action bias of crude oil is upward at the moment. So it is better to buy at this stage.

These are the pivot points to get support and resistance values.

102.87 103.36 103.95 104.44 105.03 105.52 106.11

Buy above 104.44 and consider the next resistance point as take profit and next support point as stop loss.

Chart Image