Commodity Prices

Gold •774 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,771.80	+14.90	+0.85%
WTI Crude •11 mins	81.68	-0.72	-0.87%
Gasoline •11 mins	3.166	-0.018	-0.57%
Ethanol •774 days	2.161	+0.000	+0.00%
Silver •774 days	30.82	+1.16	+3.92%

Silver • 774 days	30.82	+1.16	+3.92%
Copper • 774 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	88.30	-0.22	-0.25%
Natural Gas • 11 mins	2.646	-0.087	-3.18%
Heating Oil • 11 mins	4.252	-0.031	-0.71%

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Gold: Making New Highs

By - Oct 23, 2013, 5:55 AM CDT

Gold has broken the resistance at 1331. The short-term technical structure is positive as long as the support at 1310 holds. Resistances stand at 1354 and 1376. Another support can be found at 1290 (16/10/2013 high).

In the longer term, we continue to view the rise from 1181 as a counter-trend move within an underlying bearish trend. Therefore we favour a minimum move towards the key support at 1181. A key resistance stands at 1434 (28/08/2013 high, see also the 200 day moving average).

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