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![mikemcglone11 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1663323588.png) Mike McGlone [@mikemcglone11](/creator/twitter/mikemcglone11) on x 69.6K followers
Created: 2025-07-01 11:25:08 UTC

What Stops $XX Crude, $XXXXX Gold? Global Recession Paths - Gold's enduring uptrend and crude oil's persistent downtrend might be gaining momentum, with global recessionary implications. Crude's June bounce to about $XX a barrel could reinforce its post-2008 tendency to decline toward $40, while $XXXXX an ounce round number resistance in gold may teeter on a bit of reversion in the US stock market. 
Full report on the Bloomberg here: {BI COMD}
#gold #crudeoil #stockmarket @BBGIntelligence

![](https://pbs.twimg.com/media/GuxLcn4W0AAp4-N.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1940008766616850653/c:line.svg)

**Related Topics**
[economic downturn](/topic/economic-downturn)
[momentum](/topic/momentum)

[Post Link](https://x.com/mikemcglone11/status/1940008766616850653)