Monday, 29 July 2013

Crude Oil Technical Analysis

 (WTI) Prices turned lower as expected, completing a bearish Evening Star candlestick pattern. Initial support is at 105.06, with a break below that targeting the 38.2% level at 102.70. Near-term resistance is at 108.89, the July 19 high.
Commodities_Crude_Oil_Gold_May_Rise_if_US_Data_Proves_Disappointing_body_Picture_3.png, Crude Oil, Gold May Rise if US Data Proves Disappointing

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