Commodity Prices

Gold •10 mins	1,301.50	-1.40	-0.11%
Platinum •10 mins	834.00	+2.20	+0.26%
Bitcoin •1 min	3,975.13	-17.23	-0.43%
WTI Crude •20 mins	59.09	+0.57	+0.97%
Gasoline •20 mins	1.866	+0.021	+1.13%
Silver •10 mins	15.32	-0.00	-0.01%

Silver • 10 mins	15.32	-0.00	-0.01%
Copper • 10 mins	2.909	+0.003	+0.10%
Ethereum • 1 min	137.96	-1.85	-1.32%
Brent Crude • 17 mins	67.46	+0.30	+0.45%
Natural Gas • 21 mins	2.856	+0.054	+1.93%

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Crude Oil - Collapsing

By - May 05, 2017, 5:56 AM CDT

Crude oil has broken key support given at 47.01 (22/01/2017 low). The road is wide-open towards support given at 42.20 (14/11/2017 low).

In the long-term, crude oil has recovered after its sharp decline last year. However, we consider that further weakness are very likely. Strong support lies at 24.82 (13/11/2002) while resistance can now be found at 55.24 (03/01/2017 high).

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