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COMMODITIES: WTI Futures, Gold Holding Higher

COMMODITIES
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WTI futures are trading higher today as the contract extends recent gains. A stronger reversal to the upside would refocus attention on key short-term resistance at $76.41, the Oct 8 high. Initial firm resistance is unchanged at $71.97. A bear threat in Gold remains present. The yellow metal traded sharply lower on Dec 18 and the move undermines a recent bull theme. A resumption of weakness would open key support at $2536.9, the Nov 14 low.

  • WTI Crude up $0.9 or +1.27% at $71.88
  • Natural Gas down $0.32 or -8.13% at $3.618
  • Gold spot up $19.24 or +0.74% at $2625.86
  • Copper down $6.95 or -1.7% at $402.3
  • Silver down $0.1 or -0.34% at $28.8383
  • Platinum up $3.96 or +0.44% at $908.02
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WTI futures are trading higher today as the contract extends recent gains. A stronger reversal to the upside would refocus attention on key short-term resistance at $76.41, the Oct 8 high. Initial firm resistance is unchanged at $71.97. A bear threat in Gold remains present. The yellow metal traded sharply lower on Dec 18 and the move undermines a recent bull theme. A resumption of weakness would open key support at $2536.9, the Nov 14 low.

  • WTI Crude up $0.9 or +1.27% at $71.88
  • Natural Gas down $0.32 or -8.13% at $3.618
  • Gold spot up $19.24 or +0.74% at $2625.86
  • Copper down $6.95 or -1.7% at $402.3
  • Silver down $0.1 or -0.34% at $28.8383
  • Platinum up $3.96 or +0.44% at $908.02