Commodity Prices

Gold •648 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,055.40	-9.80	-0.47%
WTI Crude •11 mins	103.56	+6.99	+7.24%
Gasoline •13 mins	3.149	+0.112	+3.68%
Ethanol •648 days	2.161	+0.000	+0.00%
Silver •648 days	30.82	+1.16	+3.92%

Silver • 648 days	30.82	+1.16	+3.92%
Copper • 648 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	101.67	+6.47	+6.80%
Natural Gas • 11 mins	2.668	+0.020	+0.76%
Heating Oil • 11 mins	4.074	+0.312	+8.29%

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Crude Oil - Breaking Support At 45.61

By - Jul 08, 2016, 7:48 AM CDT

Crude oil is setting lower highs. The black commodity has finally exited symmetrical triangle. Strong support at 45.61 (12/05/2016 low) has been broken. Resistance can be found at 51.67 (09/06/2016 high). Expected to further weaken.

In the long-term, crude oil is now recovering from its sharp decline and the signs of recovery are now strong. Strong support lies at 24.82 (13/11/2002) while strong resistance at 50.96 (09/10/2015 high) has been broken. Crude oil is holding way above its 200-Day Moving Average. Expected to reach 60 before year-end.

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