Commodity Prices

Gold •864 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,489.70	-30.70	-2.02%
WTI Crude •1 day	88.56	-0.18	-0.20%
Gasoline •1 day	2.621	-0.049	-1.85%
Ethanol •865 days	2.161	+0.000	+0.00%
Silver •864 days	30.82	+1.16	+3.92%

Silver • 864 days	30.82	+1.16	+3.92%
Copper • 864 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	95.84	+0.02	+0.02%
Natural Gas • 1 day	3.230	-0.110	-3.29%
Heating Oil • 1 day	4.259	-0.028	-0.65%

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Gold: Bearish Breakout of the Strong Support at 1523

By - Apr 15, 2013, 5:40 AM CDT

Gold has broken its strong support at 1523, which has led to a significant sell-off. Hourly resistances can be found at 1459 (intraday high) and 1496 (15/04/2013 high).

Gold has broken to the downside out of its long-term horizontal range defined by the support at 1523 (29/12/2011 low) and the resistance at 1803 (08/11/2011 high). The implied medium-term downside risk is 1287. A support can be found at 1308 (28/01/2013 low).

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