Commodity Prices

Gold •631 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,874.00	+16.70	+0.90%
WTI Crude •11 mins	96.17	+1.69	+1.79%
Gasoline •17 mins	3.183	+0.053	+1.69%
Ethanol •631 days	2.161	+0.000	+0.00%
Silver •631 days	30.82	+1.16	+3.92%

Silver • 631 days	30.82	+1.16	+3.92%
Copper • 631 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	110.02	+2.01	+1.86%
Natural Gas • 17 mins	3.068	+0.069	+2.30%
Heating Oil • 15 mins	4.384	+0.111	+2.59%

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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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