Commodity Prices

Gold •360 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,351.90	-63.10	-4.46%
WTI Crude •21 hours	65.52	+0.28	+0.43%
Gasoline •21 hours	2.090	-0.009	-0.44%
Ethanol •360 days	2.161	+0.000	+0.00%
Silver •360 days	30.82	+1.16	+3.92%

Silver • 360 days	30.82	+1.16	+3.92%
Copper • 360 days	4.530	+0.111	+2.51%
Brent Crude • 20 hours	67.77	+0.04	+0.06%
Natural Gas • 21 hours	3.739	+0.213	+6.04%
Heating Oil • 21 hours	2.307	-0.053	-2.24%

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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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