Latest Commodity updates – Expert View

Crude oil prices to trade range bound for the day, weighed down by a general sentiment of globally bloated markets, though traders said that prices seemed to have found support around current levels.

Commodity Tips
SELL CRUDE OIL MAY IN THE RANGE OF 3170-3160 TARGETS 3110/3060 STOP LOSS 3230 .

Expert View: Technically crude oil is selling on hourly/daily charts while MACD and RSI also indicate good selling opportunity in it. So, traders should go for sell on higher level strategy.

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