Commodity Prices

Gold •604 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,378.00	+138.40	+6.18%
WTI Crude •11 mins	67.28	+2.07	+3.17%
Gasoline •2 hours	2.068	+0.036	+1.77%
Ethanol •604 days	2.161	+0.000	+0.00%
Silver •604 days	30.82	+1.16	+3.92%

Silver • 604 days	30.82	+1.16	+3.92%
Copper • 604 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	73.17	+2.33	+3.29%
Natural Gas • 11 mins	2.861	+0.034	+1.20%
Heating Oil • 2 hours	2.636	+0.023	+0.88%

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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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