Commodity Prices

Gold •15 mins	1,879.60	-16.80	-0.89%
Platinum •15 mins	1,151.10	+5.10	+0.45%
WTI Crude •15 hours	70.91	+0.62	+0.88%
Gasoline •15 hours	2.186	-0.026	-1.18%
Ethanol •15 hours	2.460	+0.000	+0.00%
Silver •15 mins	28.15	+0.12	+0.41%

Silver • 15 mins	28.15	+0.12	+0.41%
Copper • 15 mins	4.538	+0.052	+1.17%
Brent Crude • 12 hours	72.69	+0.17	+0.23%
Natural Gas • 15 hours	3.296	+0.147	+4.67%
Heating Oil • 15 hours	2.121	-0.023	-1.06%

Headlines

21 hours Markets Unfazed As Inflation Hits 13-Year High
2 days How the Token Economy is Disrupting Financial Markets
4 days FBI Investigating 100 Types Of Ransomware Attacks
6 days Fed Ends Corporate Credit Emergency Lending Program
8 days AMC Becomes the Latest Winning Meme Stock After GameStop
9 days The Real Reason Your 401k Has Been Lagging
10 days China Lifts Cap On Births, Allows Three Children Per Couple
12 days The Market Is Ripe For Another GameStop Saga
15 days Senate Grills Big Banks Over Pandemic Opportunism
16 days Cannabis Has A Major Cash Problem
17 days Ransomware Netted Criminals $350M In 2020 Alone
18 days Russia Is Taking On Google
19 days Chinese Regulators Deal Another Big Blow To Bitcoin
20 days Ohio Residents Brave Vaccine for Chance To Win $1M
22 days Inflation Is Coming. Are You Prepared?
23 days 3 World-Shaking Trends Investors Need To Watch This Year
23 days Travel Might Get Another Supersonic Disruption
24 days The World Is Running Out Of 6 Key Resources
25 days $15/Hour Minimum Wage Might Happen Naturally
27 days Money-Laundering Binance Probe Report Adds To Bitcoin Woes

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

Gold: Approaching its Previous Low at 1277

By - Oct 11, 2013, 5:27 AM CDT

Gold remains capped by its declining trendline. Prices are now close to their previous low at 1277 and to the key support at 1268. Hourly resistances are given by the declining trendline (around 1321) and 1331. 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.

Daily Technical Report