{"id":23360,"date":"2026-10-06T13:28:01","date_gmt":"2026-10-06T20:28:01","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=23360"},"modified":"2026-10-06T13:28:01","modified_gmt":"2026-10-06T20:28:01","slug":"crude-oil-oct-7-2026","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/crude-oil-oct-7-2026\/","title":{"rendered":"Your Important Crude Oil & FOMC Futures Trading Guide | October 7th, 2026"},"content":{"rendered":"\n\n\n
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At A Glance Levels<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Instrument<\/th>\nS2<\/th>\nS1<\/th>\nPivot<\/th>\nR1<\/th>\nR2<\/th>\n<\/th>\n<\/th>\n<\/tr>\n<\/thead>\n
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Gold (GC)<\/strong><\/h2>\n

\u2014 Dec. (#GC)<\/td>\n

4098.13<\/td>\n4147.27<\/td>\n4179.83<\/td>\n4228.97<\/td>\n4261.53<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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Silver (SI)<\/strong><\/h2>\n

\u2014 Dec. (#SI)58.79<\/td>\n

59.88<\/td>\n60.83<\/td>\n61.52<\/td>\n62.47<\/td>\n63.16<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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Crude Oil (CL)<\/strong><\/h2>\n

\u2014 Nov. (#CL)<\/td>\n

85.76<\/td>\n87.86<\/td>\n88.95<\/td>\n91.05<\/td>\n92.14<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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\u00a0Dec. Bonds (ZB)<\/strong><\/h2>\n

\u2014 Dec. (#ZB)<\/td>\n

101 15\/32<\/td>\n101 29\/32<\/td>\n102 11\/32<\/td>\n102 25\/32<\/td>\n103 7\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Markets Mixed as Traders Balance Strong Grain Gains Against Key Economic Events Ahead<\/h2>\n

Crude Oil, Metals<\/h2>\n

\"crude<\/p>\n

Tuesday’s session delivered a mixed performance across the futures markets, with strength emerging in agricultural commodities while metals continued to struggle and stock index futures remained near recent highs. As traders look ahead to Wednesday’s packed economic calendar, market participants are preparing for potential volatility from the release of the latest FOMC Meeting Minutes and U.S. Crude Oil Inventory data.<\/p>\n

Equity Index Futures Continue to Lead<\/h3>\n

The equity index sector remained resilient, with both the E-mini S&P 500 and E-mini Nasdaq 100 posting gains of approximately 0.5%. The Nasdaq continues to trade near its 30-day highs, reflecting ongoing investor confidence in growth and technology sectors.<\/p>\n

From a technical perspective, both contracts maintain solid short-term and long-term uptrends, suggesting that buyers remain in control despite occasional bouts of profit-taking.<\/p>\n

Metals Remain Under Pressure<\/h3>\n

The metals sector continues to show signs of weakness.<\/p>\n