Further Advance
Our Pivot: 53.20
Our Preference: Buy above 53.70 with strict stop loss of 53.20 and profit target at 54.35 with extension towards 54.60.
Alternate Scenario: Downward penetration of 53.20 will call for 52.80.
NOTE: WTI have penetrated its bearish price channel in bullish direction and heading towards its major resistant region at 54.60 where its being capped by a rising trend line on monthly chart.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
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Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 5.1178 | 5.122 | 5.1471 | 5.0192 |
USOil | 65.102 | 65.126 | 66.108 | 64.803 |
UKOil | 67.414 | 67.454 | 68.446 | 67.179 |
NGAS | 3.7354 | 3.7444 | 3.7556 | 3.5064 |
WHEATF | 540.94 | 541.3 | 545.69 | 536.09 |
XAUUSD | 3273.4 | 3273.7 | 3328.35 | 3255.7 |
XAGUSD | 35.977 | 36.019 | 36.744 | 35.78 |