Commodity Prices

Gold •383 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,487.00	-8.70	-0.58%
WTI Crude •55 mins	66.51	-0.69	-1.03%
Gasoline •17 mins	2.109	-0.023	-1.07%
Ethanol •383 days	2.161	+0.000	+0.00%
Silver •383 days	30.82	+1.16	+3.92%

Silver • 383 days	30.82	+1.16	+3.92%
Copper • 383 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.59	-0.62	-0.90%
Natural Gas • 10 mins	3.313	-0.012	-0.36%
Heating Oil • 12 mins	2.469	-0.040	-1.59%

Headlines

768 days Will The ECB Continue To Hike Rates?
768 days Forbes: Aramco Remains Largest Company In The Middle East
770 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,170 days Could Crypto Overtake Traditional Investment?
1,174 days Americans Still Quitting Jobs At Record Pace
1,176 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,179 days Is The Dollar Too Strong?
1,180 days Big Tech Disappoints Investors on Earnings Calls
1,181 days Fear And Celebration On Twitter as Musk Takes The Reins
1,182 days China Is Quietly Trying To Distance Itself From Russia
1,183 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,186 days Crypto Investors Won Big In 2021
1,187 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,188 days Food Prices Are Skyrocketing As Putin’s War Persists
1,190 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,190 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,193 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,194 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,194 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,196 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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