Commodity Prices

Gold •272 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,010.40	+5.80	+0.58%
WTI Crude •10 mins	71.26	+0.06	+0.08%
Gasoline •14 mins	2.306	+0.004	+0.15%
Ethanol •272 days	2.161	+0.000	+0.00%
Silver •272 days	30.82	+1.16	+3.92%

Silver • 272 days	30.82	+1.16	+3.92%
Copper • 272 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.51	+0.02	+0.03%
Natural Gas • 10 mins	3.953	+0.002	+0.05%
Heating Oil • 12 mins	2.296	+0.008	+0.33%

Headlines

657 days Will The ECB Continue To Hike Rates?
657 days Forbes: Aramco Remains Largest Company In The Middle East
659 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,059 days Could Crypto Overtake Traditional Investment?
1,063 days Americans Still Quitting Jobs At Record Pace
1,065 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,068 days Is The Dollar Too Strong?
1,069 days Big Tech Disappoints Investors on Earnings Calls
1,070 days Fear And Celebration On Twitter as Musk Takes The Reins
1,071 days China Is Quietly Trying To Distance Itself From Russia
1,072 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,075 days Crypto Investors Won Big In 2021
1,076 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,077 days Food Prices Are Skyrocketing As Putin’s War Persists
1,079 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,079 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,082 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,083 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,083 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,085 days Are NFTs About To Take Over Gaming?

How Millennials Are Reshaping Real Estate

The real estate market is…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Is The Bull Market On Its Last Legs?

This aging bull market may…

William Yii

William Yii (Affiliate CMT) is a professional fund manager currently based in Malaysia with extensive experience in managing Asian equities portfolios.

More Info

Contact Author

Yesterday's Rout Swiftly Brought Gold on to the 'Support Line-1 from 2000'

By William Yii - Jun 27, 2013, 7:35 PM CDT

At current price of USD 1,200, it is a blink away from the "support line-2" which is the "mother-of-all-supports for gold"
It would be the "make-or-break" level for the gold-bull since 2000, i.e if the long-term bull case were to stay intact, gold price must not be breaking this level decisively
In other words, this level around USD 1,050 may still be broken but gold needs to defend this level quickly after a break (if this ever happen)
The truth shall be upon us soon...

Gold 2000-2013 Chart
Larger Image