Forecast for 21st February 2013 Gasoil ICE March contract Gasoil broke lower as predicted to hit 991/989 support with an exact low at 990. We are building downside momentum now & we could expect prices to continue lower today. A break of 989 targets 981/979 which could offer an excellent buying opportunity with a low for the correction expected here. Any bounce is seen as a selling opportunity with 998/999 likely to cap. Above here however 1001/1002 and 1006/07 offer further tough
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Gasoil ICE, Natural Gas, RBOB Gasoline, XAU Spot Gold
