Crude weekly price forcast
Crude oil prices are taking support near $ 29.38 on weekly closing basis for last four weeks. This level is a strong support zone for crude from the low made in January and March, 2015 on Gann Anagles. Weekly price close above $35 will successfully push the price near to $45. Whereas weekly close below the $29.38 will drag the price to next support area near $25.