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Commodities back on track after last week's sell-off

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Uploaded by on Dec 2, 2009

www.tradingfloor.com
Trading Floor editor Andrew Arnold talks to Ole S Hansen, Saxo Bank about how commodities have recovered following last week's sudden risk aversion caused by Dubai's debt problems. Technically, the failure to stay below the old support at USD 75 signals a continued bullish stance. Near term resistance at USD 80 followed by USD 82. But just like Gold the main thing will be how much pent up demand still exists from financial investors.

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