Commodity Prices

Gold •340 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,186.10	+18.00	+1.54%
WTI Crude •10 mins	64.54	-0.04	-0.06%
Gasoline •15 mins	2.076	-0.001	-0.03%
Ethanol •340 days	2.161	+0.000	+0.00%
Silver •340 days	30.82	+1.16	+3.92%

Silver • 340 days	30.82	+1.16	+3.92%
Copper • 340 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.41	-0.06	-0.09%
Natural Gas • 10 mins	3.740	-0.044	-1.16%
Heating Oil • 18 mins	2.129	+0.004	+0.17%

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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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