Gold

Commodity

XAUUSD

Delayed 05:00:01 2024-04-26 pm EDT			5-day change	1st Jan Change
2,338 ^USD	+0.31%		-1.76%	+13.34%

10:17pm	TSX Closer: Market Finishes The Week Strong as a Potential Interest-Rate Cut Looks To Remain Distant	MT
08:01pm	Gold Trading Higher Midafternoon as Treasury Yields Ease After a US Inflation Measure Tops Forecast	MT

Crude Oil; Watch for Support in the 43.00s

November 05, 2015 at 02:50 pm EST

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Crude Oil; Watch for Support in the 43.00s

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-Crude oil broke above the median line on 11/3. This line was former resistance at key points in August, September, and October so the break above was viewed as important. Well, crude is back below the level. Watch for crude oil support in the 43.00s (possible trendline).

For more analysis and trade setups, visit SB Trade Desk

original source

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