Key Highlights
- Crude Oil price started a fresh increase above the $78 resistance.
- It broke a major bearish trend line with resistance near $78.75 on the 4-hour chart.
- Gold prices started a consolidation phase above the $1,725 support.
- The US ISM Manufacturing Index could fall from 50.2 to 49.8 in November 2022.
Crude Oil Price Technical Analysis
Crude Oil prices started a fresh increase from the $74.00 support zone against the US Dollar. The price picked up pace and traded above $78.00…
