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SILVER TECHS

Bullish Extension

GOLD TECHS

Heading North

WTI TECHS

(M1) Needle Still Points North

BRENT TECHS

(N1) Bullish Conditions Remains Intact

COMMODITIES

Having pulled lower into the close of last week, both WTI and Brent crude futures contracts traded positively Monday, although a large part of the day's gains were erased ahead of the close. Nonetheless, WTI has narrowed the gap with $53/bbl and last week's highs of $53.79.

Precious metals markets traded flat, with early equity-inspired gains fading well ahead of the close. Spot gold remained inside the Friday range of $1837.5 - $1870.8.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com