The black gold is declining 0.9% since the session started, trading at 78.84 ?, right now. As we mentioned yesterday, the crude could find support at 78.00 before an attack to the key support at 75.00, while on the upside 23.60% of the fibo marked from 78.66 to 79.82 could give us the first resistance before a rebound to80.00.For the rest of the day, gold could gain if the US durable goods orders beat expectations, which would revert the trend on the equity markets.

/