Commodity Prices

Gold •10 mins	1,982.90	+5.80	+0.29%
Platinum •10 mins	1,001.70	-20.20	-1.98%
WTI Crude •10 mins	68.14	-1.32	-1.90%
Gasoline •40 mins	2.539	-0.057	-2.20%
Ethanol •54 mins	2.161	+0.000	+0.00%
Silver •10 mins	23.66	+0.42	+1.81%

Silver • 10 mins	23.66	+0.42	+1.81%
Copper • 10 mins	3.658	-0.005	-0.14%
Brent Crude • 40 mins	72.66	-0.88	-1.20%
Natural Gas • 10 mins	2.252	-0.075	-3.22%
Heating Oil • 42 mins	2.256	-0.025	-1.08%

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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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