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ICE GASOIL (U19): Eyeing key resistance...>

OIL TECHS
OIL TECHS: ICE GASOIL (U19): Eyeing key resistance
*RES 4: $588.66 - Trendline resistance drawn off the Jul 11 high
*RES 3: $586.50 - High Aug 2
*RES 2: $582.00 - Aug 13 and key resistance
*RES 1: $576.23/50 - 50-day EMA / Aug 21 high
*PRICE: $574.00 @ 06:43 BST Aug 30
*SUP 1: $560.74 - Low Aug 28
*SUP 2: $551.25 - Low Aug 26 and key near-term support
*SUP 3: $539.00 - Low Aug 8
*SUP 4: $534.00 - Low Aug 7 and bear trigger
GASOIL continues to push higher and is approaching key resistance between
$576.23 - $582.00. This zone represents the 50-day EMA and the Aug 13 and 21
highs. A break would remove the bearish threats alluded to this week and instead
would open trendline resistance at $588.68 drawn off the Jul 11 high. Clearance
of the trendline would in turn reinforce a bullish them. Prices need to trade
below $551.25 to highlights a bearish outlook once again.

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