Commodity Prices

Gold •643 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,950.90	-26.60	-1.35%
WTI Crude •11 mins	113.11	+0.70	+0.62%
Gasoline •11 mins	3.278	-0.030	-0.92%
Ethanol •643 days	2.161	+0.000	+0.00%
Silver •643 days	30.82	+1.16	+3.92%

Silver • 643 days	30.82	+1.16	+3.92%
Copper • 643 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	108.26	-1.51	-1.38%
Natural Gas • 11 mins	2.856	+0.045	+1.60%
Heating Oil • 11 mins	4.409	+0.081	+1.87%

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Gold - Targeting $1,300!!

By - Mar 22, 2016, 5:50 AM CDT

Gold is in a bullish momentum despite its strong volatility. Hourly resistance is given at 1284 (11/03/2016 high) while closer hourly supports is located at 1225 (15/03/2016 low). There are still some room for the metal to reach 1300.

In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 (17/03/2014) is necessary ton confirm it, A major support can be found at 1045 (05/02/2010 low).

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