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17 May 01.08
Oil bulls are fighting to stay above 100-period SMA at $83/bbl.
Oil bulls have managed to climb above the 100-period SMA on the back of the softer US CPI reading earlier this week as well as the higher-than-expected draw from US crude inventories.
17 May 10.28
Gold is edging higher towards $2400 psychological level
Gold is bouncing back towards the $2400 psychological level after slightly weaker US macroeconomic data was released this week.
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