September 18, 2013

Selling Zone of CRUDE Oil

  • Monthly chart of crude oil shows price weakness just above the Golden ratio. Last two falls from this area has given sub 80 levels for Crude oil bears. 
  • Weekly chart too shows price getting resisted at the same area. Trigger for a bigger correction may happen once price starts to trade below 102 levels on closing basis.
  • SILVER CRUCIAL SUPPORT ZONE
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