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Oil Trading Alert: Major Resistance Zone Continues to Keep Gains in Check #2
April 12, 2017, 8:17 AMOn Tuesday, light crude extended gains, but did this increase change anything in the short-term picture of the commodity?
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Oil Trading Alert: Major Resistance Zone Continues to Keep Gains in Check
April 11, 2017, 8:42 AMOn Monday, crude oil moved higher and closed the day slightly above $53. How high could the black gold go in the coming days?
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Oil Trading Alert: What Can We Infer from Crude Oil – Precious Metals Link?
April 10, 2017, 7:09 AMOn Friday, the black gold moved higher as concerns that the conflict in Syria could spread in the oil-rich region weighed on investors’ sentiment. Thanks to these circumstances, light crude increased to the previously-broken important lines. Will we see a verification of breakdowns or further rally? Is it possible that the relationship been crude oil and precious metals give us more clues about future moves?
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Oil Trading Alert: Oil Bulls in Charge, but for How Long?
April 7, 2017, 9:50 AMEarlier today, the commodity extended gains and climbed to the 61.8% Fibonacci retracement. What’s next?
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Oil Trading Alert: Crude Oil – Moment of Truth #2
April 6, 2017, 8:54 AMAlthough crude oil moved higher after the market’s open, oil bulls didn’t hold gained levels, which resulted in a pullback to the key support/resistance levels. What’s next?
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