WTI crude oil is consolidating in a narrow range
oetween $77.68 and $79.05 for the past three
days.
Read Till End
Hamas has accepted the proposals to end the
seven-month war. Markets eye lsrael's
response to the proposal.
Geopolitical tension- ceasefire deal between
Israel and Gaza under progress (negative for
crude).
The immediate resistance is around $79.10.. On
the lower side, near-term support is around
$76.
Signal
Sell $78 with SL around $79.10 for a TP of $76.
Buy $76 with SL around $75 for a TP of $80.