Commodity Prices

Gold •426 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,417.10	+4.90	+0.35%
WTI Crude •11 mins	64.30	-1.29	-1.97%
Gasoline •11 mins	2.008	-0.035	-1.73%
Ethanol •426 days	2.161	+0.000	+0.00%
Silver •426 days	30.82	+1.16	+3.92%

Silver • 426 days	30.82	+1.16	+3.92%
Copper • 426 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.93	-1.21	-1.75%
Natural Gas • 11 mins	2.973	-0.036	-1.20%
Heating Oil • 11 mins	2.364	-0.010	-0.44%

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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.

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