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COMMODITIES: WTI Futures 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 $0.4 or +0.56% at $71.41
  • Natural Gas down $0.14 or -3.51% at $3.799
  • Gold spot up $8.09 or +0.31% at $2614.49
  • Copper down $3.3 or -0.81% at $405.95
  • Silver up $0.01 or +0.05% at $28.961
  • Platinum up $8.16 or +0.9% at $912.55
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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 $0.4 or +0.56% at $71.41
  • Natural Gas down $0.14 or -3.51% at $3.799
  • Gold spot up $8.09 or +0.31% at $2614.49
  • Copper down $3.3 or -0.81% at $405.95
  • Silver up $0.01 or +0.05% at $28.961
  • Platinum up $8.16 or +0.9% at $912.55