- MACD and Stochastic are favoring Bars as of now. Stochastic yet to reach oversold levels.
- If the down move extends 61.8% or the Lower Bollinger band may come to play.
- Price has closed at 50 SMA. Another candle forming below 50 SMA will add more trouble for bulls.
- Bulls shall hope to get back above 50 SMA on closing basis again.
- GOLD SUPPORT AND RESISTANCE LINE
- CRUDE OIL - CRUCIAL WEEKLY RESISTANCE LINE
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