Commodity Prices

Gold •10 mins	1,421.40	-1.90	-0.13%
Platinum •10 mins	854.00	+6.90	+0.81%
Bitcoin •1 min	9,758.15	+209.49	+2.19%
WTI Crude •11 mins	56.61	-0.17	-0.30%
Gasoline •11 mins	1.831	-0.001	-0.05%
Silver •10 mins	16.13	+0.16	+1.00%

Silver • 10 mins	16.13	+0.16	+1.00%
Copper • 10 mins	2.700	-0.016	-0.59%
Ethereum • 1 min	215.84	+12.75	+6.28%
Brent Crude • 11 mins	63.52	-0.14	-0.22%
Natural Gas • 11 mins	2.286	+0.008	+0.35%

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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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