Commodity Prices

Gold •617 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,100.60	-64.90	-3.00%
WTI Crude •11 mins	92.93	-2.80	-2.92%
Gasoline •11 mins	2.911	-0.053	-1.80%
Ethanol •617 days	2.161	+0.000	+0.00%
Silver •617 days	30.82	+1.16	+3.92%

Silver • 617 days	30.82	+1.16	+3.92%
Copper • 617 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	98.32	-2.14	-2.13%
Natural Gas • 11 mins	3.181	-0.052	-1.61%
Heating Oil • 11 mins	3.811	-0.088	-2.25%

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Gold - Back To 6-Week Low

By - May 25, 2016, 6:12 AM CDT

Gold keeps on moving lower. Resistance is given at 1303 (02/05/2016 high) and support at 1242 (24/05/2016) has been broken. The bearish momentum is very strong and the metal should monitor stronger support at 1208 (28/03/2016 low).

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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