The WTI crude oil prices are set to have a positive week after experiencing a significant sell-off last week. However, they are currently facing resistance in the range of 71.28 to 72.46. In order for further gains to occur towards the October peak of 78.02, it is necessary for the prices to close above this resistance level.

If there are potential declines, the prices may slip below last Thursday's low of 69.74, with the key support level being last week's low at 68.22.

Spot gold prices are consolidating below a new record high of $2,758.00 per troy ounce, while maintaining a long-term uptrend. The next significant target for an increase is the psychological mark of $3,000.00, along with the 261.8% Fibonacci extension projected at $3,005.71. This is provided that the early October low of $2,605.00 remains as support. Above this, key support levels include the previous all-time high of $2,685.00 and the uptrend line at $2,650.00.

Arabica coffee prices are declining towards their early October low of 242.78. If prices fall below this level, it would confirm a top formation. In such a case, the uptrend line from October 2023 to October 2024 at 227.40 may come into play. Immediate downside pressure will persist unless prices rise above Thursday's high of 254.99 and the downtrend line at 256.60.