A good day for our Nymex Crude oil Signals subscribers and Mcx tips clients. I asked them to buy this major commodity today. It fired and my subscribers exited near target. Lets have a look at our signals today.
Above is screenshot of SMS which i sent to my Nymex oil signals subscribers. As you can see our buy initiated around 63.80$. I sent profit booking message at 64.55$. So we made nearly 75 pips in this trade and fetched nearly $750 profit per lot.
Lets look our Mcx crude oil call
As you can see our mcx crude oil initiated near 4427 and we booked nearly 40 points in mcx crude oil. We had Mcx silver call as well. Both our mcx tips achieved targets and we booked nearly 10k profit in mcx today.
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Currently crude oil price trading at 64.20$. In my today’s gold price update i mentioned about crude that it might come down if breaks 63.70$. Market respected that level and fired from lows. For now resistance stands at 65.05$. If traders break and sustain above 65.05$. Then expect good rise till 65.70$- 66.30$.
Support stands at 63.70$. Once market break and sustain below 63.70$. Then expect good pressure till 63.05$- 62.50$.
Conclusion: For now crude oil trend is positive. Avoid selling.
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