Technical Forecast for Gasoil

Gasoil hit profit taking breaking 875.65/25 as we close in on our target of 870/869. This could be a buying opportunity so maybe exit shorts & try longs with stops below 866.50. A break lower then target 864.65 then 861.15/860.50 for another buying opportunity with stops below 859.50.

 

If we hold above look for a test of resistance at 875.65 & a high for the day possible but above here we should see 878.63.