Drone Attacks On Aramco Plants:Crude Oil Forecast

As discussed in last analysis Crude now need to close above 4089-4096 range as per gann levels for rally towards 4200-4225. Bears have there chance only below 4000.

Both bulls and Bears were happy last week as both did 3 target on upside and 4 target on downside. With Global Event More Than Half Of Saudi Oil Output Hit After Drone Attacks On Aramco Plants we can see good volatility in crude next week. 

We have Important Astro Event Mercury Venus Declination so good trend can be seen in crude in coming week.

Crude Time Cycle

16/19 Sep  Important time cycle date.

Weekly Trend Change Level:4000

Weekly Resistance:4050,4096,4153,4225

Weekly Support:3956,3900,3854,3800

Levels Mentioned are for September Contract Crude

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