Commodity Prices

Gold •124 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,010.50	+20.00	+2.02%
WTI Crude •10 mins	72.22	+0.75	+1.05%
Gasoline •10 mins	2.052	+0.033	+1.64%
Ethanol •124 days	2.161	+0.000	+0.00%
Silver •124 days	30.82	+1.16	+3.92%

Silver • 124 days	30.82	+1.16	+3.92%
Copper • 124 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	75.76	+0.68	+0.91%
Natural Gas • 10 mins	2.783	+0.002	+0.07%
Heating Oil • 10 mins	2.311	+0.027	+1.17%

Headlines

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

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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

Daily Technical Report

By - Aug 17, 2011, 6:38 AM CDT

Gold's bearish pattern continues to weigh, amidst extremely overbought conditions (which has exhibited major divergences across our key momentum indicators). We are watching to open a sell trade setup in anticipation of a potential correction over the multi-day/week.