Commodity Prices

Gold •831 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,703.10	+9.60	+0.57%
WTI Crude •11 mins	92.58	-1.16	-1.24%
Gasoline •11 mins	3.252	-0.040	-1.20%
Ethanol •831 days	2.161	+0.000	+0.00%
Silver •831 days	30.82	+1.16	+3.92%

Silver • 831 days	30.82	+1.16	+3.92%
Copper • 831 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	105.53	-1.12	-1.05%
Natural Gas • 11 mins	3.176	+0.009	+0.28%
Heating Oil • 11 mins	4.683	-0.041	-0.86%

Headlines

1,216 days Will The ECB Continue To Hike Rates?
1,216 days Forbes: Aramco Remains Largest Company In The Middle East
1,218 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,618 days Could Crypto Overtake Traditional Investment?
1,622 days Americans Still Quitting Jobs At Record Pace
1,624 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,627 days Is The Dollar Too Strong?
1,628 days Big Tech Disappoints Investors on Earnings Calls
1,629 days Fear And Celebration On Twitter as Musk Takes The Reins
1,630 days China Is Quietly Trying To Distance Itself From Russia
1,631 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,635 days Crypto Investors Won Big In 2021
1,635 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,636 days Food Prices Are Skyrocketing As Putin’s War Persists
1,638 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,638 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,642 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,642 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,642 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,645 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - Bullish Bounce

By - Apr 11, 2016, 5:43 AM CDT

Gold has broken the resistance at 1244 confirming an underlying bullish momentum. Support is given at 1244 (30/03/2016 high) then 1208 (28/03/2016). Resistance is given at 1260 (22/03/2016 high). A break of support at 1182 (08/02/2016 low) is necessary to confirm a reversal in bullish trend.

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).

Daily Technical Report