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CRUDE OIL (FEB 12) INTRADAY: THE BIAS REMAINS BULLISH.

2011-12-28 10:21:02

CRUDE OIL (FEB 12) INTRADAY: THE BIAS REMAINS BULLISH.

Pivot: 98.40

Most Likely Scenario: LONG positions above 98.4 with 100.5 & 101.4 in sight.

Alternative scenario: The downside penetration of 98.4 will call for a slide towards 97.55 & 96.75.

Comment: The RSI is mixed with a bullish bias.

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TIME
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Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
9,246.50	8,454.50
1oz ABC Bullion Cast Bar
7,714.40	6,964.40
100g ABC Bullion Bar
24,603.80	22,403.80
1kg ABC Bullion Silver
5,347.00	4,347.00