Commodity Prices

Gold •358 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,435.30	+20.30	+1.43%
WTI Crude •10 mins	65.42	+0.18	+0.28%
Gasoline •36 mins	2.108	+0.009	+0.43%
Ethanol •358 days	2.161	+0.000	+0.00%
Silver •358 days	30.82	+1.16	+3.92%

Silver • 358 days	30.82	+1.16	+3.92%
Copper • 358 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	67.73	+0.05	+0.07%
Natural Gas • 5 hours	3.261	-0.145	-4.26%
Heating Oil • 41 mins	2.371	+0.011	+0.47%

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Crude Oil - Resistance At 38.99 Holds

By - Mar 11, 2016, 6:16 AM CST

Crude oil continues to move within a rising channel. Hourly resistance is given at 38.99 (09/12/2016 high). Hourly support can be found at 36.12 (08/03/2016 low). A more significant support stands at 35 (rising channel). Expected to see continued strengthening in the shortterm.

In the long-term, crude oil is on a sharp decline and is of course no showing any signs of recovery. Strong support at 24.82 (13/11/2002) is now on target. Crude oil is holding way below its 200-Day Moving Average (setting up at around 47). There are currently no signs that a reverse trend may happen.

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