Key Highlights
- Crude Oil price started a fresh increase above the $86.50 and $87.20 resistance levels.
- There is a major bullish trend line forming with support near $85.60 on the 4 hour chart.
- Gold prices could pick up momentum if it clears the $1,660 resistance zone.
- Today the Fed could hike rates from 3.25% to 4.0%.
Crude Oil Price Technical Analysis
Crude Oil prices started a fresh increase from the $82.20 zone against the US Dollar. The price picked up pace for a move above $85.00…
