Commodity Prices

Gold •461 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,626.60	-8.30	-0.51%
WTI Crude •11 mins	62.45	+0.72	+1.17%
Gasoline •11 mins	1.912	+0.019	+0.98%
Ethanol •461 days	2.161	+0.000	+0.00%
Silver •461 days	30.82	+1.16	+3.92%

Silver • 461 days	30.82	+1.16	+3.92%
Copper • 461 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	66.12	+0.67	+1.02%
Natural Gas • 11 mins	3.444	-0.054	-1.54%
Heating Oil • 11 mins	2.276	+0.010	+0.45%

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Gold - Approaching $1300

By - May 02, 2016, 5:43 AM CDT

Gold is lying in a short-term uptrend channel. The metal keeps on increasing. Support is given at 1208 (28/03/2016). Resistance at 1284 (11/03/2016 high) has been broken. Expected 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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