CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 07 AUG TO 11 AUG 2023

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 07 AUG TO 11 AUG 2023

by admin- Saturday, August 5th, 2023 08:50:29 AM

CRUDE RANGE 6300/7400
EXPECTED VOLATILITY

LEVEL 1 – CRUDE AUG BUY RISKY ABOVE 6880 SUSTAIN TGTS 6930/80 SL 6840 RES 7100 IMP THEN 7400
LEVEL 2 – CRUDE BELOW 6840 SELL TGTS 6790/40 SL 6880 SUP 6550 IMP THEN 6300 SUP RISKY SL 6270

NAT.GAS RANGE 170/270
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS AUG BUY ABOVE 212 TGTS 217/22 SL 209 RES 235 IMP THEN 270
LEVEL 2 – SELL BELOW 209 TGTS 204/199 SL 212 SUP 192 THEN 170 FOR REVERSE SL 167 RISKY BELOW SUSTAIN DIP

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