"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •382 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,466.90 | +10.30 | +0.71% |
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WTI Crude •10 mins | 67.20 | -0.14 | -0.21% |
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Gasoline •10 mins | 2.138 | -0.015 | -0.71% |
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Ethanol •382 days | 2.161 | +0.000 | +0.00% |
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Silver •382 days | 30.82 | +1.16 | +3.92% |
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Silver • 382 days | 30.82 | +1.16 | +3.92% | |
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Copper • 382 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 69.00 | -0.28 | -0.40% | |
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Natural Gas • 10 mins | 3.371 | -0.194 | -5.44% | |
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Heating Oil • 10 mins | 2.437 | -0.016 | -0.66% |
An economic slowdown in many…
The Economic Community of West…
More freeports open around the…
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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