Commodity Prices

Gold •673 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,040.80	-21.50	-1.04%
WTI Crude •10 mins	94.68	-0.13	-0.14%
Gasoline •11 mins	3.437	-0.019	-0.55%
Ethanol •673 days	2.161	+0.000	+0.00%
Silver •673 days	30.82	+1.16	+3.92%

Silver • 673 days	30.82	+1.16	+3.92%
Copper • 673 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	100.29	+0.23	+0.23%
Natural Gas • 11 mins	2.828	+0.059	+2.13%
Heating Oil • 11 mins	3.856	+0.040	+1.04%

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Gold - Trying to Bounce Near The Strong Support at 1181

By - Oct 06, 2014, 5:28 AM CDT

Gold further declined last Friday. Prices are now testing the strong support at 1181. A shortterm rebound is likely. Hourly resistances can be found at 1204 (30/09/2014 low) and 1223 (29/09/2014 high).

In the long-term, the underlying downtrend and the recent 4-year lows in silver favour an eventual break of the strong support at 1181. Other supports can be found at 1157 (28/07/2010 low) and 1045 (05/02/2010 low). Resistances can be found at 1243 (16/09/2014 high) and 1278 (04/09/2014 high).

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