Commodity Prices

Gold •309 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	988.30	+8.80	+0.90%
WTI Crude •10 mins	61.23	+1.32	+2.20%
Gasoline •10 mins	2.118	+0.032	+1.54%
Ethanol •309 days	2.161	+0.000	+0.00%
Silver •309 days	30.82	+1.16	+3.92%

Silver • 309 days	30.82	+1.16	+3.92%
Copper • 309 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	64.11	+1.27	+2.02%
Natural Gas • 10 mins	3.668	+0.076	+2.12%
Heating Oil • 10 mins	2.080	+0.040	+1.94%

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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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