Crude Oil Price Forecast – crude oil markets find support after pullback ( 100% SURE MCX HNI CALLS) WWW.GAINCOMMODITY.COM CALL@ (7617674866/9759441012)

Crude Oil Price Forecast ::

The WTI Crude Oil market pulled back initially during the trading session on Tuesday but found enough support at the $74 level to find plenty of buyers. At this point, I think we are continuing the overall consolidation between the $73 level on the bottom and the $75 level in the top. However, this is a market that has formed a daily hammer, so I think that we should continue to see a lot of volatility. Eventually, I would anticipate that the market moves beyond the $75 level and continues much higher as we begin to worry about the Iranian sanctions, but I also recognize that there are a lot of moving pieces currently. With that being the case, I continue to look at oil as a market that could offer a bit of value occasionally, and dips of course should offer opportunity. If we do break above the $75 level, then I believe that the market probably goes looking towards the $76 level.

REGARDS

TECHNICAL DEPARTMENT

GAIN COMMODITY

GAINCOMMODITY.COM

CALL@ (7617674866/9759441012)

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