Commodity Prices

Gold •15 mins	1,891.10	+14.50	+0.77%
Platinum •15 mins	981.00	+0.70	+0.07%
WTI Crude •11 mins	73.47	+0.08	+0.11%
Gasoline •12 mins	2.314	-0.007	-0.32%
Ethanol •2 days	2.161	+0.000	+0.00%
Silver •15 mins	22.53	+0.13	+0.56%

Silver • 15 mins	22.53	+0.13	+0.56%
Copper • 15 mins	4.066	+0.010	+0.23%
Brent Crude • 10 mins	80.10	+0.16	+0.20%
Natural Gas • 10 mins	2.447	+0.037	+1.54%
Heating Oil • 15 mins	2.794	+0.018	+0.66%

Headlines

273 days Could Crypto Overtake Traditional Investment?
277 days Americans Still Quitting Jobs At Record Pace
279 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
282 days Is The Dollar Too Strong?
283 days Big Tech Disappoints Investors on Earnings Calls
284 days Fear And Celebration On Twitter as Musk Takes The Reins
285 days China Is Quietly Trying To Distance Itself From Russia
286 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
290 days Crypto Investors Won Big In 2021
290 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
291 days Food Prices Are Skyrocketing As Putin’s War Persists
293 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
293 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
297 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
297 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
297 days Two ETFs That Could Hedge Against Extreme Market Volatility
300 days Are NFTs About To Take Over Gaming?
300 days Europe’s Economy Is On The Brink As Putin’s War Escalates
303 days What’s Causing Inflation In The United States?
304 days Intel Joins Russian Exodus as Chip Shortage Digs In

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

Gold - Pausing

By - Dec 07, 2015, 5:11 AM CST

Gold is now pausing after the metal has spiked last Friday. Hourly support lies at 1044 (05/02/2015 low). Hourly resistance is given at 1110 (06/11/2015 high). Expected to show further weakness.

In the long-term, the underlying downtrend (see declining channel) continues to favour a bearish bias. A break of the resistance at 1223 is needed to suggest something more than a temporary rebound. A major support can be found at 1045 (05/02/2010 low).

Daily Technical Report