Commodity Prices

Gold •668 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,011.90	+17.30	+0.87%
WTI Crude •1 day	101.94	-3.13	-2.98%
Gasoline •1 day	3.595	-0.020	-0.55%
Ethanol •668 days	2.161	+0.000	+0.00%
Silver •668 days	30.82	+1.16	+3.92%

Silver • 668 days	30.82	+1.16	+3.92%
Copper • 668 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	108.17	-2.23	-2.02%
Natural Gas • 1 day	2.780	+0.013	+0.47%
Heating Oil • 1 day	3.946	-0.135	-3.30%

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Gold: Potential Short-Term Higher Low in Place

By - Sep 27, 2013, 6:24 AM CDT

Gold has potential put in place a higher low at 1306 (24/09/2013 low), suggesting weakening short-term selling pressures. An initial resistance is given by the declining trendline (around 1355). Another resistance stands at 1376.

The medium-term technical configuration remains biased to the downside given the break of the rising channel and the longer term bearish trend. Key supports are at 1268 and 1181, while a key resistance stands at 1434.

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