Gold Silver Reports – CrudeOil traded near the highest close in more than two years after an explosion at a pipeline carrying crude to Libya’s biggest export terminal curbed the Organisation of the Petroleum Exporting Countries (Opec) nation’s production.
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Crude Oil MCX Buy on Dips, Buy Between 3710—3680 Resistance Key 3777
Gold Silver Reports – Crude Oil MCX Buy on Dips, Buy Between 3710—3680 Resistance Key 3777 — Technically Crude Oil market is under fresh buying as market has witnessed gain in open interest by 3.44% to settled at 14513 while prices up 5 rupees.
Crude Oil Expected Trade Zone 3642—3860 Levels
Gold Silver Reports – Technically now Crude Oil is getting support key at 3702 and below same could see a test of 3642 levels and resistance key is now likely to be seen at 3814, a move above could see prices testing 3860.
Crude Oil Above $80 Before Christmas?
Gold Silver Reports – Crude Oil Above $80 Before Christmas? – With oil prices trading near their highest level in two years, some traders are betting that the price rise could have more room to run.
Crude Oil Price Report October 26, 2017
Gold Silver Reports – The WTI Crude Oil market broke down significantly during the day on Wednesday, testing the $52.50 level IV resistance, and then rolling over. This is also in reaction to a larger than anticipated inventory build, as it shows we continue to struggle to burn off the massive oversupply of crude. I think if we can break down below the $51.50 level, the market could drop significantly.