Spot Price: 119.68
Technical Analysis:

prices ran into 119.85 resistance, the 38.2% of 124.15/117.20. Hourlies are correcting o/b readings. Daily charts are bullish again, so traders look to buy a correction back to 119.15 hourly support. A breakout beyond 119.85 targets 120.65, the Jul 25 high and 50% of 124.15/117.20.

Unsuccess to break the suport level 119.15 will be a buying signal