"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •10 mins | 1,509.40 | -2.10 | -0.14% |
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Platinum •10 mins | 936.60 | -2.60 | -0.28% |
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WTI Crude •11 mins | 60.11 | -2.79 | -4.44% |
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Gasoline •10 mins | 1.667 | -0.063 | -3.62% |
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Ethanol •13 mins | 1.383 | -0.015 | -1.07% |
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Silver •10 mins | 17.95 | -0.08 | -0.42% |
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Silver • 10 mins | 17.95 | -0.08 | -0.42% | |
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Copper • 10 mins | 2.621 | -0.020 | -0.74% | |
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Brent Crude • 11 mins | 64.50 | -3.18 | -4.70% | |
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Natural Gas • 10 mins | 2.662 | -0.019 | -0.71% | |
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Heating Oil • 10 mins | 2.014 | -0.070 | -3.37% |
Welcome to Art Basel: The…
During the quarter there were…
Modern monetary theory has been…
Gold seems to be in a short-term upside move. Yet, the metal is still trading between hourly support at 1046 (03/12/2015 low) and resistance at 1113 (08/01/2016 high). Expect to show continued a deeper upside move.
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).
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