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Oil prices continue their way down

SPX News by Simon Kazinsky on 07:17 March 09, 2017 EST



WTI crude oil trades now below $50 and around 9% lower than last week.

Other commodities are also experiencing weakness as gold lingers around $1200/oz and silver breaks its multi month upwards trend.

However all these instruments are still above relevant moving averages in their monthly charts.


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