Commodity Prices

Gold •713 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,822.40	+7.70	+0.42%
WTI Crude •11 mins	76.33	+0.28	+0.37%
Gasoline •13 mins	2.897	+0.017	+0.58%
Ethanol •713 days	2.161	+0.000	+0.00%
Silver •713 days	30.82	+1.16	+3.92%

Silver • 713 days	30.82	+1.16	+3.92%
Copper • 713 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	79.29	+0.33	+0.42%
Natural Gas • 11 mins	3.252	+0.013	+0.40%
Heating Oil • 14 mins	3.204	+0.034	+1.07%

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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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