Crude Oil – 04.12.2024

Crude Oil – 04.12.2024

Crude Oil still holds the trading zone between support 66.15 and resistance 72.00-50.

If prices remain below the resistance of 70.15, a chance for a further drop could happen with support at 66.15.

Above 70.15, the market could sustain an advance to test the 72.00-50 resistance zone.

SUPPORT RESISTANCE
LEVEL1 67.75 70.15
LEVEL2 66.15 72.00-50
LEVEL3 64.75 74.15

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