Commodity Prices

Gold •736 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,645.90	+15.80	+0.97%
WTI Crude •11 mins	72.30	+0.22	+0.31%
Gasoline •14 mins	2.998	-0.041	-1.35%
Ethanol •736 days	2.161	+0.000	+0.00%
Silver •736 days	30.82	+1.16	+3.92%

Silver • 736 days	30.82	+1.16	+3.92%
Copper • 736 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	76.54	+0.24	+0.31%
Natural Gas • 11 mins	3.009	-0.003	-0.10%
Heating Oil • 11 mins	3.536	-0.036	-1.00%

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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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