Commodity Prices

Gold •441 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,401.90	+25.30	+1.84%
WTI Crude •11 mins	64.40	+0.35	+0.55%
Gasoline •12 mins	2.025	-0.003	-0.16%
Ethanol •441 days	2.161	+0.000	+0.00%
Silver •441 days	30.82	+1.16	+3.92%

Silver • 441 days	30.82	+1.16	+3.92%
Copper • 441 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.28	+0.33	+0.49%
Natural Gas • 11 mins	3.091	-0.009	-0.29%
Heating Oil • 11 mins	2.357	+0.002	+0.10%

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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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