Technical Forecast for Gasoil

Gasoil for Aug made it to the target of 931 & we can continue higher for a move towards March/April highs at 935/936 today. A break higher cannot be ruled out and could target in this steady uptrend & could see 939 maybe 944 in to next week.

 

Look for support at 925/924 & a low for the day possible here but below here the 200 day moving average at 920.50 could off a buying opportunity. However a break lower risks a slide to 914.50/913.50.