MCX CRUDE Weekly Analysis 15 July-19 July 2024

By | July 14, 2024 1:33 pm

MCX crude foremd a Weekly Doji on signs of improved fuel demand in the US over the summer travel season and hopes of an imminent Fed pivot

MCX Crude Oil Gann Angle Chart


Crude broke the 3×4 Gann line as shown above, heading towards 7056-7225 till holding 6729

MCX Crude Oil Supply Demand Zone

 

 

 

 

 

 

MCX CRUDE OIL Supply Demand Chart : Demand in range of  6885-6813 , Supply in range of 7040-7077

MCX Crude Oil Crude Harmonic 

 

 

 

Price is heading towards 7056-7225 till holding 6729.

Crude Astro/Gann Trend Change Date

15 July Important Gann/Astro Date for Trend Change

Weekly Trend Change Level:6884

Weekly Resistance :6926,6968,7010,7056

Weekly Support: 6842,6800,6758,67716

Levels Mentioned are for July Future Crude Contract

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