CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 21 AUG TO 25 AUG 2023

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 21 AUG TO 25 AUG 2023

by admin- Saturday, August 19th, 2023 08:24:22 AM

CRUDE RANGE 6300/7350
EXPECTED VOLATILITY

LEVEL 1 – CRUDE SEP BUY RISKY ABOVE 6750 SUSTAIN TGTS 6790/6840 SL 6720 RES 7050 IMP THEN 7350
LEVEL 2 – CRUDE BELOW 6720 SELL TGTS 6680/30 SL 6750 SUP 6500 IMP THEN 6300 SUP RISKY SL 6270

NAT.GAS RANGE 172/265
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS AUG BUY ABOVE 215 TGTS 220/25 SL 211 RES 235 IMP THEN 265
LEVEL 2 – SELL BELOW 211 TGTS 206/201 SL 215 SUP 195 THEN 172 FOR REVERSE SL 169 RISKY BELOW SUSTAIN DIP

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