Commodity Prices

Gold •583 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,099.40	+28.80	+1.39%
WTI Crude •17 hours	63.55	+0.26	+0.41%
Gasoline •17 hours	1.953	+0.027	+1.38%
Ethanol •583 days	2.161	+0.000	+0.00%
Silver •583 days	30.82	+1.16	+3.92%

Silver • 583 days	30.82	+1.16	+3.92%
Copper • 583 days	4.530	+0.111	+2.51%
Brent Crude • 16 hours	68.05	+0.50	+0.74%
Natural Gas • 17 hours	3.422	-0.087	-2.48%
Heating Oil • 17 hours	2.413	+0.020	+0.84%

Headlines

968 days Will The ECB Continue To Hike Rates?
968 days Forbes: Aramco Remains Largest Company In The Middle East
970 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,370 days Could Crypto Overtake Traditional Investment?
1,375 days Americans Still Quitting Jobs At Record Pace
1,377 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,380 days Is The Dollar Too Strong?
1,380 days Big Tech Disappoints Investors on Earnings Calls
1,381 days Fear And Celebration On Twitter as Musk Takes The Reins
1,383 days China Is Quietly Trying To Distance Itself From Russia
1,383 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,387 days Crypto Investors Won Big In 2021
1,387 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,388 days Food Prices Are Skyrocketing As Putin’s War Persists
1,390 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,391 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,394 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,395 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,395 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,397 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

Gold: Approaching its Previous Low at 1277

By - Oct 11, 2013, 5:27 AM CDT

Gold remains capped by its declining trendline. Prices are now close to their previous low at 1277 and to the key support at 1268. Hourly resistances are given by the declining trendline (around 1321) and 1331. Another resistance stands at 1376.

The medium-term technical configuration remains biased to the downside given the break of the rising channel and the longer term bearish trend. Key supports are at 1268 and 1181, while a key resistance stands at 1434.

Daily Technical Report