Commodity Prices

Gold •291 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	977.70	+0.70	+0.07%
WTI Crude •14 mins	63.57	-1.11	-1.72%
Gasoline •1 hour	2.076	-0.023	-1.07%
Ethanol •291 days	2.161	+0.000	+0.00%
Silver •291 days	30.82	+1.16	+3.92%

Silver • 291 days	30.82	+1.16	+3.92%
Copper • 291 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.82	-1.14	-1.68%
Natural Gas • 12 mins	3.195	-0.050	-1.54%
Heating Oil • 20 mins	2.124	-0.028	-1.30%

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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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