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WTI Approaches Week Highs Amid Dollar Weakness

COMMODITIES

WTI futures traded higher again Thursday. Bearish conditions remain intact though and the climb from Monday’s low is considered corrective. The contract has recently cleared support at $80.89, Sep 8 low. Gold has recovered from Wednesday's low of $1615.0. Short-term gains are considered corrective and the downtrend remains intact. The next resistance is at $1678.3, the 20-day EMA.


  • WTI Crude up $0.96 or +1.18% at $82.06
  • Natural Gas up $0.07 or +1.02% at $6.934
  • Gold spot up $10.05 or +0.61% at $1671.34
  • Copper up $5 or +1.46% at $346.9
  • Silver up $0.33 or +1.74% at $19.1525
  • Platinum up $10.89 or +1.26% at $877.73
Energy BulletsCommodities
Energy BulletsCommodities

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