Commodity Prices

Gold •268 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	996.10	-4.50	-0.45%
WTI Crude •13 hours	69.36	-0.56	-0.80%
Gasoline •13 hours	2.235	-0.012	-0.52%
Ethanol •268 days	2.161	+0.000	+0.00%
Silver •268 days	30.82	+1.16	+3.92%

Silver • 268 days	30.82	+1.16	+3.92%
Copper • 268 days	4.530	+0.111	+2.51%
Brent Crude • 12 hours	73.63	-0.40	-0.54%
Natural Gas • 13 hours	4.065	+0.140	+3.57%
Heating Oil • 13 hours	2.261	-0.024	-1.04%

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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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