Commodity Prices

Gold •672 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,077.90	+15.30	+0.74%
WTI Crude •20 hours	89.83	-12.44	-12.16%
Gasoline •20 hours	3.324	-0.297	-8.20%
Ethanol •672 days	2.161	+0.000	+0.00%
Silver •672 days	30.82	+1.16	+3.92%

Silver • 672 days	30.82	+1.16	+3.92%
Copper • 672 days	4.530	+0.111	+2.51%
Brent Crude • 20 hours	98.33	-11.54	-10.50%
Natural Gas • 20 hours	2.720	-0.068	-2.44%
Heating Oil • 20 hours	3.612	-0.418	-10.38%

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AUD/USD - Short-Term Bullish Consolidation

By - Nov 25, 2016, 7:36 AM CST

AUD/USD is consolidating higher and the pair is back around the 50% Fibonacci retracement. Hourly support is now given at 0.7311 (21/07/2016 low). Stronger support is given at 0.7145 (24/05/2016 low). Expected to see further weakness.

In the long-term, we are waiting for further signs that the current downtrend is ending. Key supports stand at 0.6009 (31/10/2008 low) . A break of the key resistance at 0.8295 (15/01/2015 high) is needed to invalidate our long-term bearish view.

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