Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	941.00	+4.60	+0.49%
WTI Crude •12 mins	69.85	+0.39	+0.56%
Gasoline •1 hour	1.953	+0.011	+0.56%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.27	+0.33	+0.45%
Natural Gas • 10 mins	3.899	+0.151	+4.03%
Heating Oil • 19 mins	2.254	+0.022	+0.98%

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Crude Oil - Surging

By - Apr 21, 2016, 5:58 AM CDT

Crude has broken resistance at 43.46 (24/11/2015 high) which confirms strong medium-term bullish momentum. Hourly support can be found at 37.61 (18/04/2016 low). Expected to show continued increase towards 48.36 (03/11/2015 high).

In the long-term, crude oil is on a sharp decline but is now showing some signs of recovery. Strong support lies at 24.82 (13/11/2002). Crude oil is holding above its 200-Day Moving Average. Crude oil should recover during this year.

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