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Energy, Metals Generally Lower, But No Signs of Reversal Yet

COMMODITIES
  • Precious metals markets trade modestly lower, with spot gold dipping back below the $1900/oz level. Prices have so far held well above the week's lows however, with the modest pause in the gold rally alleviating some of the recent increase in the RSI.
  • The energy complex has found little solace in the pullback in the dollar this morning, with WTI and Brent crude futures both lower by just shy of 1% apiece. WTI futures hold above the Wednesday lows of $65.25, with keeping directional parameters unchanged for now.
  • EIA NatGas storage change numbers cross later today, with markets expecting a build of over 105 BCF.
Energy BulletsCommodities
Energy BulletsCommodities

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