Commodity Prices

Gold •656 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,083.50	-3.70	-0.18%
WTI Crude •11 mins	86.77	-0.65	-0.74%
Gasoline •15 mins	3.113	-0.003	-0.11%
Ethanol •656 days	2.161	+0.000	+0.00%
Silver •656 days	30.82	+1.16	+3.92%

Silver • 656 days	30.82	+1.16	+3.92%
Copper • 656 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	94.89	-0.59	-0.62%
Natural Gas • 11 mins	2.665	-0.024	-0.89%
Heating Oil • 16 mins	3.555	+0.014	+0.40%

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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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