Crude oil price forecast for week

crude oil forecast for this week 06-08-2012

crude oil forecast for this week 06-08-2012

Nymex Crude oil have a good support now at 89.20$ if this click and close below this level then crude oil may shrink till 87.10-85.20$ and even more bloodbath in gold not ruled out.

A good resistance now at 94.20$ if click and crude oil manage to close above this level then get ready to pay more for your car fuel prices and can fire till 96-98$ 

More will update if required

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