Commodity Prices

Gold •480 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,601.60	+4.90	+0.31%
WTI Crude •1 day	61.50	-0.29	-0.47%
Gasoline •1 day	1.923	-0.004	-0.22%
Ethanol •480 days	2.161	+0.000	+0.00%
Silver •480 days	30.82	+1.16	+3.92%

Silver • 480 days	30.82	+1.16	+3.92%
Copper • 480 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	65.94	-0.05	-0.08%
Natural Gas • 1 day	3.304	-0.040	-1.20%
Heating Oil • 1 day	2.403	+0.000	+0.00%

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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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