Commodity Prices

Gold •235 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	987.70	-9.50	-0.95%
WTI Crude •1 day	70.40	-2.08	-2.87%
Gasoline •1 day	2.027	-0.060	-2.87%
Ethanol •235 days	2.161	+0.000	+0.00%
Silver •235 days	30.82	+1.16	+3.92%

Silver • 235 days	30.82	+1.16	+3.92%
Copper • 235 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	74.43	-2.05	-2.68%
Natural Gas • 1 day	4.234	+0.082	+1.97%
Heating Oil • 1 day	2.432	-0.071	-2.84%

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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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