"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •339 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,168.10 | +31.60 | +2.78% |
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WTI Crude •1 day | 64.58 | +1.21 | +1.91% |
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Gasoline •1 day | 2.077 | +0.014 | +0.67% |
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Ethanol •339 days | 2.161 | +0.000 | +0.00% |
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Silver •339 days | 30.82 | +1.16 | +3.92% |
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Silver • 339 days | 30.82 | +1.16 | +3.92% | |
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Copper • 339 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 66.47 | +1.13 | +1.73% | |
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Natural Gas • 1 day | 3.784 | +0.107 | +2.91% | |
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Heating Oil • 1 day | 2.125 | +0.031 | +1.47% |
This aging bull market may…
Wells Fargo has done it…
Modern monetary theory has been…
Gold has erased yesterday's gains. Monitor the previous low at 1699 (24/10/2012 low). Another support is at 1686. A short-term resistance is at 1732 (23/10/2012 high).
The strong resistance area between 1791 and 1803, coupled with overbought conditions, favours a corrective phase. The strong support at 1647 is expected to hold though.
Gold is in a secular uptrend with strong support at 1523.
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