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Gold price and oil price start the week with gains

The gold price and oil price continue to push higher, albeit in a fairly cautious fashion.

Gold remains in uptrend

The gold price is drifting sideways once again, but the overall uptrend remains firmly intact.

A move below $1750 would likely indicate some near-term weakness, but for now the most likely course from here is a push higher.

WTI still moving higher

For WTI, early gains have pushed the price back towards $41.00, as the uptrend of the past few weeks continues.

Until we have a reversal below $38.80, and then through the previous higher low at $37.40, it looks like we can expect a continued push higher.


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