Commodity Prices

Gold •647 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,065.20	-46.90	-2.22%
WTI Crude •1 day	95.81	-2.06	-2.10%
Gasoline •1 day	3.016	+0.015	+0.51%
Ethanol •647 days	2.161	+0.000	+0.00%
Silver •647 days	30.82	+1.16	+3.92%

Silver • 647 days	30.82	+1.16	+3.92%
Copper • 647 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	95.20	-0.72	-0.75%
Natural Gas • 1 day	2.652	-0.018	-0.67%
Heating Oil • 1 day	3.745	-0.192	-4.87%

Headlines

1,032 days Will The ECB Continue To Hike Rates?
1,032 days Forbes: Aramco Remains Largest Company In The Middle East
1,034 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,434 days Could Crypto Overtake Traditional Investment?
1,439 days Americans Still Quitting Jobs At Record Pace
1,441 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,444 days Is The Dollar Too Strong?
1,444 days Big Tech Disappoints Investors on Earnings Calls
1,445 days Fear And Celebration On Twitter as Musk Takes The Reins
1,447 days China Is Quietly Trying To Distance Itself From Russia
1,447 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,451 days Crypto Investors Won Big In 2021
1,451 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,452 days Food Prices Are Skyrocketing As Putin’s War Persists
1,454 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,455 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,458 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,459 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,459 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,461 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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