Commodity Prices

Gold •835 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,633.10	+11.60	+0.72%
WTI Crude •17 hours	101.41	+3.44	+3.51%
Gasoline •17 hours	3.235	+0.055	+1.74%
Ethanol •835 days	2.161	+0.000	+0.00%
Silver •835 days	30.82	+1.16	+3.92%

Silver • 835 days	30.82	+1.16	+3.92%
Copper • 835 days	4.530	+0.111	+2.51%
Brent Crude • 16 hours	109.86	+3.94	+3.72%
Natural Gas • 17 hours	3.116	-0.120	-3.71%
Heating Oil • 17 hours	4.899	+0.054	+1.10%

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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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