A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings Again, to All !
Crude Oil clocks in on the NYMEX with EIA Inventories down 5.4M Barrels, as the Gasoline Inventories “fall off the cliff” by 600K Barrels for the week…. even so… The Black Gold is still at a 6-Month High… and shows no real signs of Deep Correction until the “Coveted” $70.00 Handle is reached.
Our July Futures Contract comes in with a slight 50-Cent Fall… as Bullish Builds will more than likely come in after a bit of Accumulation at Static Resistance of the $64.90’s.
Our Fib Variant Projection remains “On Target” with Accuracy from an IntraDay View… as a “normal” Correction looks to the 63.00/15 “Transitive Rollover” in the Interim.
OPEC has no plans to alter and differentiate Production in the Near-Term… as in Their View… the $70.00 Handle is “Fair Value” at this point.
Both Gold and Crude technically pull out of their Consolidating Ranges, and Gold looks to Accumulate at the Daily Static Resistance at the $963.00 Handle in the Immediate-Term.
For all My Friends out there who know me well by this time, here are the Hourly Views of both, so we can see these Major InterMarket Correlations…. 
Our “Inverse” Correlation with both of these is still Back in “Favor”…as The Dollar continues Its Weakness in the Near-Term.
Give the Captures a Click for Levels of Reference here, and Post-Time is right at 15:25 GMT.
Of course… back with you again soon on this “Heavy Data Catalyst” Day!… as we look to U.S. Equities to continue their Correlating Behavior… and as we look to watch my Fingers fall off from all of this Typing today!