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MCX Crude Oil Blast, I Told You Buy 1000β€”500 lots, 6612 to 6739

MCX Crude Oil Blast, I Told You Buy 1000β€”500 lots 6612 to 6739

MCX Crude Oil Trading Tips: πŸ‘‰ πŸ‘‰πŸ‘‰ Crude Oil Trading Tips: Trade With 1000β€”500 Lots

WTI crude oil extends the previous day’s rebound from nearly eight-month low to $82.50 during Thursday’s Asian session. In doing so, the black gold takes a U-turn from the downward sloping support line from May. Although nearly oversold RSI and the key support line might have triggered the quote’s latest rebound, bearish MACD signals and a pause in the RSI recovery seems to challenge the WTI bulls.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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