Commodity Prices

Gold •312 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	976.80	-24.80	-2.48%
WTI Crude •10 mins	62.53	+1.51	+2.47%
Gasoline •10 mins	2.143	+0.035	+1.64%
Ethanol •312 days	2.161	+0.000	+0.00%
Silver •312 days	30.82	+1.16	+3.92%

Silver • 312 days	30.82	+1.16	+3.92%
Copper • 312 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.40	+1.49	+2.33%
Natural Gas • 10 mins	3.631	-0.164	-4.32%
Heating Oil • 10 mins	2.115	+0.049	+2.37%

Headlines

697 days Will The ECB Continue To Hike Rates?
697 days Forbes: Aramco Remains Largest Company In The Middle East
699 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,099 days Could Crypto Overtake Traditional Investment?
1,104 days Americans Still Quitting Jobs At Record Pace
1,106 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,109 days Is The Dollar Too Strong?
1,109 days Big Tech Disappoints Investors on Earnings Calls
1,110 days Fear And Celebration On Twitter as Musk Takes The Reins
1,112 days China Is Quietly Trying To Distance Itself From Russia
1,112 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,116 days Crypto Investors Won Big In 2021
1,116 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,117 days Food Prices Are Skyrocketing As Putin’s War Persists
1,119 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,120 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,123 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,124 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,124 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,126 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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: 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).

Daily Technical Report