Commodity Prices

Gold •336 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,088.90	-1.10	-0.10%
WTI Crude •10 mins	62.75	-0.10	-0.16%
Gasoline •10 mins	2.035	+0.001	+0.04%
Ethanol •336 days	2.161	+0.000	+0.00%
Silver •336 days	30.82	+1.16	+3.92%

Silver • 336 days	30.82	+1.16	+3.92%
Copper • 336 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	64.85	-0.01	-0.02%
Natural Gas • 10 mins	3.696	-0.020	-0.54%
Heating Oil • 10 mins	2.066	-0.004	-0.18%

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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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