Commodity Prices

Gold •493 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,549.10	+11.50	+0.75%
WTI Crude •21 hours	59.75	+0.32	+0.54%
Gasoline •21 hours	1.940	-0.025	-1.29%
Ethanol •493 days	2.161	+0.000	+0.00%
Silver •493 days	30.82	+1.16	+3.92%

Silver • 493 days	30.82	+1.16	+3.92%
Copper • 493 days	4.530	+0.111	+2.51%
Brent Crude • 20 hours	63.63	+0.25	+0.39%
Natural Gas • 21 hours	4.315	-0.042	-0.96%
Heating Oil • 21 hours	2.482	-0.014	-0.56%

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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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