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.
Brent Crude Oil
Brent Oil Continues to rise – Analysis – 12 April 2017
Brent oil price resumes its positive trading after leaning on the intraday bullish channel’s support yesterday, to support the continuation of the rise in the upcoming sessions, we believe that the way is open for heading towards the recently recorded top at 58.36 as a next main target.